−42% below market
median 3,500 €/m² for comparable properties
245,000 € 2,024 €/m²
Rent covers ~ 101% of the payment
~ 1,095 €/mo rent · pays for itself in ~ 19 yrs
Sale55,000 €1,571 €/m²
Expected rent557 € /mo
Area
35 m²
Floor
0 / 5
Construction
Brick
Year
2018
Yield analysis
Strong investment rating
Monthly payment244 €20% down payment · 20 yrs · 3%
Expected rent557 €at market conditions for the neighbourhood
The rent covers 228% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 8 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 72% below the typical price (the median) for comparable properties — 1,122 €/m² against 3,971 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
One-room apartment with an area of 35 sq m in the Center of Sofia, on Sv. Sv. Kiril i Metodiy St.
The layout includes an entrance hall, bathroom with toilet, and living room, with the space having warehouse status but furnished for living.
The building is new, built in 2018 with brick construction, equipped with elevator, internet, and access control.
It is located on the ground floor of a five-storey building, close to a main road artery and amenities in the central urban area.
The property is suitable for investment with rental potential and easy access to city infrastructure.
With 20% down over 20 years the monthly mortgage payment is about 244 €, against an expected local rent of 557 €. The rent covers the whole payment (228%).
This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 154 days.
Pros and cons
AI summaryPros
- new-build
- elevator
- internet
- access control
Cons
- ground floor
- warehouse status
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 72% below the average for comparable properties.
Who am I negotiating with, and who is authorised to agree a price?
Because: The property appears in 2 listings at the same price.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- hall
- bathroom
- living room
Amenities
- Elevator
- Internet Connection
- Access Control
- Renovated
- Video Surveillance
Details
- Category
- Residential
- Rooms
- 1
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
At market level
median 3,414 €/m² for comparable properties
299,000 € 3,476 €/m²
Rent covers ~ 55% of the payment
~ 735 €/mo rent · you top up ~ 592 €/mo
No market valuation
On request
No yield data
Appears once there's enough market data
−14% below market
median 3,500 €/m² for comparable properties
265,000 € 3,011 €/m²
Rent covers ~ 93% of the payment
~ 1,095 €/mo rent · you top up ~ 81 €/mo
+14% above market
median 3,500 €/m² for comparable properties
450,000 € 3,982 €/m²
Rent covers ~ 55% of the payment
~ 1,095 €/mo rent · you top up ~ 902 €/mo
+22% above market
median 3,500 €/m² for comparable properties
362,989 € 4,270 €/m²
Rent covers ~ 68% of the payment
~ 1,095 €/mo rent · you top up ~ 516 €/mo
−27% below market
median 3,414 €/m² for comparable properties
208,000 € 2,506 €/m²
Rent covers ~ 80% of the payment
~ 735 €/mo rent · you top up ~ 188 €/mo
At market level
median 3,971 €/m² for comparable properties
99,000 € 4,304 €/m²
Rent covers ~ 127% of the payment
~ 557 €/mo rent · pays for itself in ~ 15 yrs