Sale

2-bedroom apartment in Pazardjik, Velin

Oblast PazardjikVelin
Published: 2 September 2022 Updated: 2 September 2022
Sale55,250 €1,004 €/m²
Expected rent323 € /mo

~6,000 € BELOW MARKET

good value

against the median for apartments in Velin (251 properties)

Area
55 m²
Floor
2 / 3
Construction
Brick
Year
2023
Heating
Gas

Yield analysis

Good investment rating

7% / yr
Monthly payment245 €20% down payment · 20 yrs · 3%
Expected rent323 €at market conditions for the neighbourhood

The rent covers 132% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 14 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Property analysis

This apartment is priced about 6,000 € below the typical price (the median) for apartments in Velin (251 properties) — 1,004 €/m² against 1,110 €/m².

With 20% down over 20 years the monthly mortgage payment is about 245 €, against an expected local rent of 323 €. The rent covers the whole payment (132%).

Source: Market statistics for apartments in Velin

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Details

Category
Residential
Rooms
2

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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