median 2,585 €/m² for comparable properties
Rent covers ~ 118% of the payment
~ 2,125 €/mo rent · pays for itself in ~ 16 yrs
AT MARKET LEVEL
fairly priced
against the median for 1-room apartments in Simeonovo (11 properties)
Strong investment rating
The rent covers 162% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 12 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 at the typical price (the median) for 1-room apartments in Simeonovo (11 properties) — 3,018 €/m² against 2,803 €/m².
One-room apartment in Sofia, Simeonovo district, located on the ground floor of a four-storey brick building. The property is part of a representative gated complex with controlled access and security.
The layout includes a studio area, kitchenette, and bathroom with toilet, with a large number of windows providing natural light and the possibility to create a separate sleeping area.
The building is gasified and air-conditioned, with maintained common areas and video surveillance. The property has been renovated and offers the possibility for adaptation according to the needs of the new owner.
The complex is situated in the lower part of Simeonovo, close to Vitosha, with easy access to main roads and shopping centers such as Sofia Ring Mall and IKEA.
It is suitable for people seeking tranquility in a gated environment with amenities and good connection to urban infrastructure.
With 20% down over 20 years the monthly mortgage payment is about 710 €, against an expected local rent of 1,152 €. The rent covers the whole payment (162%).
Source: Market statistics for 1-room apartments in Simeonovo
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 2,585 €/m² for comparable properties
Rent covers ~ 118% of the payment
~ 2,125 €/mo rent · pays for itself in ~ 16 yrs
median 2,991 €/m² for comparable properties
Rent covers ~ 73% of the payment
~ 1,065 €/mo rent · you top up ~ 386 €/mo
median 2,585 €/m² for comparable properties
Rent covers ~ 106% of the payment
~ 2,125 €/mo rent · pays for itself in ~ 18 yrs
median 2,991 €/m² for comparable properties
Rent covers ~ 48% of the payment
~ 1,065 €/mo rent · you top up ~ 1,176 €/mo
median 2,585 €/m² for comparable properties
Rent covers ~ 137% of the payment
~ 2,125 €/mo rent · pays for itself in ~ 14 yrs
median 2,991 €/m² for comparable properties
Rent covers ~ 72% of the payment
~ 1,065 €/mo rent · you top up ~ 415 €/mo
median 2,564 €/m² for comparable properties
Rent covers ~ 92% of the payment
~ 755 €/mo rent · you top up ~ 66 €/mo
median 2,564 €/m² for comparable properties
Rent covers ~ 106% of the payment
~ 755 €/mo rent · pays for itself in ~ 18 yrs