median 2,532 €/m² for comparable properties
Rent covers ~ 112% of the payment
~ 572 €/mo rent · pays for itself in ~ 17 yrs
~12,000 € BELOW MARKET
good value
against the median for 1-room apartments in Krasna Polyana 1 (9 properties)
Good investment rating
The rent covers 126% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This apartment is priced about 12,000 € below the typical price (the median) for 1-room apartments in Krasna Polyana 1 (9 properties) — 2,266 €/m² against 2,532 €/m².
The property is a one-room apartment with an area of 45 sq m, located in the Krasna Polyana 1 residential complex, Sofia. The layout includes a corridor, a spacious living room with access to a balcony, a kitchen, and a bathroom with toilet. The apartment is on the 5th floor of 9 in a prefab panel block with an elevator and controlled access. The building was constructed in 1980, and the property needs renovation but has replaced window frames and district heating. The location is convenient, close to kindergartens, schools, public transport stops, and shops. It is suitable for people looking for housing in an urban environment with potential for refurbishment.
With 20% down over 20 years the monthly mortgage payment is about 453 €, against an expected local rent of 572 €. The rent covers the whole payment (126%).
The asking price has fallen by 4,000 € (3.8%) since it was first listed.
Source: Market statistics for 1-room apartments in Krasna Polyana 1
Derived 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 4% below the original asking price.
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.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 years old.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Maximum sunlight throughout the day
median 2,532 €/m² for comparable properties
Rent covers ~ 112% of the payment
~ 572 €/mo rent · pays for itself in ~ 17 yrs
median 2,143 €/m² for comparable properties
Rent covers ~ 95% of the payment
~ 718 €/mo rent · you top up ~ 36 €/mo
median 2,472 €/m² for comparable properties
Rent covers ~ 113% of the payment
~ 574 €/mo rent · pays for itself in ~ 17 yrs
median 2,472 €/m² for comparable properties
Rent covers ~ 97% of the payment
~ 574 €/mo rent · you top up ~ 16 €/mo
median 2,472 €/m² for comparable properties
Rent covers ~ 61% of the payment
~ 574 €/mo rent · you top up ~ 367 €/mo
median 2,472 €/m² for comparable properties
Rent covers ~ 130% of the payment
~ 574 €/mo rent · pays for itself in ~ 15 yrs
median 2,472 €/m² for comparable properties
Rent covers ~ 78% of the payment
~ 574 €/mo rent · you top up ~ 158 €/mo
median 2,472 €/m² for comparable properties
Rent covers ~ 60% of the payment
~ 574 €/mo rent · you top up ~ 380 €/mo