+16% above market
median 2,644 €/m² for comparable properties
175,000 € 3,070 €/m²
Rent covers ~ 78% of the payment
~ 604 €/mo rent · you top up ~ 172 €/mo
Sale103,599 €3,453 €/m²
Expected rent648 € /mo
~24,500 € ABOVE MARKET
overpriced
against the median for apartments in Ilinden (73 properties)
Area
30 m²
Floor
0 / 8
Construction
Panel
Year
1990
Heating
District Heating
Yield analysis
Good investment rating
Monthly payment460 €20% down payment · 20 yrs · 3%
Expected rent648 €at market conditions for the neighbourhood
The rent covers 141% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 13 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 24,500 € above the typical price (the median) for apartments in Ilinden (73 properties) — 3,341 €/m² against 2,643 €/m².
The apartment is one-room and is located in the Ilinden district of Sofia. It has an area of 30 sq m and is situated on the ground floor of a prefab panel building from 1990. The layout is compact and functional, suitable for one person or investment. The property has a private entrance, allowing use as an office or shop. The building has a renovated facade (insulated), and the apartment features new plumbing and electrical installations. It is offered with internet and has been renovated, reducing the need for additional investments. The location is convenient, close to shops, a park area, a metro station, and public transport. The property is suitable for living, renting out, or business. Its overall functionality and location make it a practical choice for various purposes.
With 20% down over 20 years the monthly mortgage payment is about 460 €, against an expected local rent of 648 €. The rent covers the whole payment (141%).
This property is advertised in 3 offers from 2 different sellers. All offers are at the same price. It has been listed for 148 days.
Pros and cons
AI summaryPros
- new renovation
- private entrance
- close to metro
- internet
Cons
- ground floor
- prefab panel construction
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Who am I negotiating with, and who is authorised to agree a price?
Because: The property appears in 3 listings at the same price.
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
- room 30 sq m
Amenities
- Renovated
- Internet Connection
Details
- Category
- Residential
- Rooms
- 1
- Bathrooms
- 1
- Furnishing
- Yes
Location
Similar properties nearby
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median 2,643 €/m² for comparable properties
247,700 € 2,477 €/m²
Rent covers ~ 59% of the payment
~ 648 €/mo rent · you top up ~ 451 €/mo
At market level
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+31% above market
median 2,643 €/m² for comparable properties
103,600 € 3,453 €/m²
Rent covers ~ 141% of the payment
~ 648 €/mo rent · pays for itself in ~ 13 yrs