+24% above market
median 917 €/m² for comparable properties
72,500 € 1,132 €/m²
Rent covers ~ 114% of the payment
~ 367 €/mo rent · pays for itself in ~ 16 yrs
Sale50,000 €862 €/m²
Expected rent367 € /mo
AT MARKET LEVEL
fairly priced
against the median for apartments in Himik (23 properties)
Area
58 m²
Floor
3 / 8
Construction
Panel
Yield analysis
Strong investment rating
Monthly payment222 €20% down payment · 20 yrs · 3%
Expected rent367 €at market conditions for the neighbourhood
The rent covers 165% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 11 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
2 changes since listing▼ 9.1% · 5,000 €
- 55,000 €
- 52,500 €▼ 2,500 € (4.5%)
- 50,000 €▼ 2,500 € (4.8%)
Property analysis
This apartment is priced at the typical price (the median) for apartments in Himik (23 properties) — 862 €/m² against 917 €/m².
Two-room apartment in Vidin, Himik district, located on the third floor of an eight-storey prefab panel building.
The layout includes a corridor, living room, bedroom, kitchen, and shared bathroom, with the apartment being internal and bright.
The building is prefab panel construction with an elevator and secured parking, and the apartment is unfurnished and requires renovation.
The location is close to the train station and the central part of Vidin, providing convenient access to city infrastructure.
Suitable for living or investment with the possibility of customization after renovation.
With 20% down over 20 years the monthly mortgage payment is about 222 €, against an expected local rent of 367 €. The rent covers the whole payment (165%).
The asking price has fallen by 5,000 € (9.1%) since it was first listed.
Pros and cons
AI summaryPros
- functional layout
- elevator
- parking
- close to centre
Cons
- needs renovation
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Is there still room to negotiate, and why has it not sold yet?
Because: The price has been cut 2 times — about 9% below the original asking price.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 204 days.
What is the scope of the work, and are there hidden problems with the wiring or plumbing?
Because: The listing states that the property needs renovation.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- corridor
- living room
- bedroom
- kitchen
Amenities
- Elevator
- With Parking
- Internet Connection
- Access Control
- Needs Renovation
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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