median 2,301 €/m² for comparable properties
Rent covers ~ 80% of the payment
~ 531 €/mo rent · you top up ~ 130 €/mo
~24,500 € ABOVE MARKET
overpriced
against the median for apartments in Nadejda 4 (98 properties)
Fair investment rating
The rent covers 103% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 18 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 24,500 € above the typical price (the median) for apartments in Nadejda 4 (98 properties) — 2,826 €/m² against 2,295 €/m².
Studio with an area of 46 sq m, located in the district of Nadezhda 4 in the city of Sofia. The property is situated on the 3rd floor of an 8-storey prefab panel block from the 1990s.
The apartment includes a kitchen, living room, bathroom with toilet, and corridor, with a typical layout for a one-room apartment. The property also has a basement of 3.4 sq m.
The building is prefab panel construction, heating is district heating, and the window frames are yet to be replaced. The apartment is in need of full renovation.
The location is close to a metro station, shops, and educational institutions, with well-maintained communal areas.
The property is suitable for people looking for a home with renovation potential and good urban location.
With 20% down over 20 years the monthly mortgage payment is about 577 €, against an expected local rent of 595 €. The rent covers the whole payment (103%).
Derived from this specific property's data — not a generic checklist. Take them with you.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
Is there enough daylight during the day?
Because: The advertised exposure has no southern side.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Morning sun, cooler afternoons
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 2,301 €/m² for comparable properties
Rent covers ~ 80% of the payment
~ 531 €/mo rent · you top up ~ 130 €/mo
median 2,301 €/m² for comparable properties
Rent covers ~ 70% of the payment
~ 531 €/mo rent · you top up ~ 223 €/mo
median 2,301 €/m² for comparable properties
Rent covers ~ 84% of the payment
~ 531 €/mo rent · you top up ~ 100 €/mo
median 2,301 €/m² for comparable properties
Rent covers ~ 97% of the payment
~ 531 €/mo rent · you top up ~ 17 €/mo
median 2,301 €/m² for comparable properties
Rent covers ~ 83% of the payment
~ 531 €/mo rent · you top up ~ 110 €/mo
median 2,289 €/m² for comparable properties
Rent covers ~ 62% of the payment
~ 595 €/mo rent · you top up ~ 363 €/mo
median 2,289 €/m² for comparable properties
Rent covers ~ 73% of the payment
~ 595 €/mo rent · you top up ~ 216 €/mo
median 2,295 €/m² for comparable properties
Rent covers ~ 112% of the payment
~ 595 €/mo rent · pays for itself in ~ 17 yrs