median 2,567 €/m² for comparable properties
Rent covers ~ 106% of the payment
~ 2,125 €/mo rent · pays for itself in ~ 18 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) — 3,016 €/m² against 2,803 €/m².
The property is a one-room apartment with office status, located in Sofia city, Simeonovo district. It features an open-plan space with a kitchenette and a bathroom with toilet. The building was constructed in 2015 with brick construction and has an elevator. The property is on the ground floor of a four-storey building. The complex is gated with 24-hour security, video surveillance, and a richly landscaped yard with a children's playground and relaxation areas. The location is in the lower part of Simeonovo, close to the Ring Road, Sofia Ring Mall, and IKEA. The property is suitable for office or workspace use with the option to purchase a parking space. The total area is 53 sq m, of which 46.20 sq m is net area. This is a functional property with a convenient location and controlled environment.
With 20% down over 20 years the monthly mortgage payment is about 709 €, against an expected local rent of 1,151 €. The rent covers the whole payment (162%).
The asking price has fallen by 100 € (0.1%) since it was first listed.
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 2,567 €/m² for comparable properties
Rent covers ~ 106% of the payment
~ 2,125 €/mo rent · pays for itself in ~ 18 yrs
median 2,567 €/m² for comparable properties
Rent covers ~ 93% of the payment
~ 2,125 €/mo rent · you top up ~ 172 €/mo
median 2,991 €/m² for comparable properties
Rent covers ~ 61% of the payment
~ 1,072 €/mo rent · you top up ~ 695 €/mo
median 2,803 €/m² for comparable properties
Rent covers ~ 162% of the payment
~ 1,151 €/mo rent · pays for itself in ~ 12 yrs
median 2,569 €/m² for comparable properties
Rent covers ~ 96% of the payment
~ 755 €/mo rent · you top up ~ 33 €/mo
median 2,569 €/m² for comparable properties
Rent covers ~ 106% of the payment
~ 755 €/mo rent · pays for itself in ~ 18 yrs
median 2,567 €/m² for comparable properties
Rent covers ~ 126% of the payment
~ 2,125 €/mo rent · pays for itself in ~ 15 yrs
median 2,567 €/m² for comparable properties
Rent covers ~ 118% of the payment
~ 2,125 €/mo rent · pays for itself in ~ 16 yrs