median 2,739 €/m² for comparable properties
Rent covers ~ 105% of the payment
~ 605 €/mo rent · pays for itself in ~ 18 yrs
~21,000 € BELOW MARKET
good value
against the median for 1-room apartments in Suhata Reka (23 properties)
Good investment rating
The rent covers 130% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 14 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 21,000 € below the typical price (the median) for 1-room apartments in Suhata Reka (23 properties) — 2,282 €/m² against 2,739 €/m².
The property is a one-room apartment with an area of 46 sq m, located in Sofia city, Suhata reka district. The layout includes one room, a kitchen, and a bathroom, providing basic functionality for one person or a couple. The apartment is situated on the 5th floor of a prefab panel building with an elevator and access control. The location is urban, in an area with good infrastructure and access to public transport. The apartment requires renovation, which should be considered when purchasing. It is suitable for people looking for a home with renovation potential in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 466 €, against an expected local rent of 605 €. The rent covers the whole payment (130%).
The asking price has fallen by 15,000 € (12.5%) since it was first listed.
Source: Market statistics for 1-room apartments in Suhata Reka
Derived from this specific property's data — not a generic checklist. Take them with you.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 17% below the average for comparable properties.
Is there still room to negotiate?
Because: The price has been cut once, by about 13%.
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.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 2,739 €/m² for comparable properties
Rent covers ~ 105% of the payment
~ 605 €/mo rent · pays for itself in ~ 18 yrs
median 2,483 €/m² for comparable properties
Rent covers ~ 127% of the payment
~ 607 €/mo rent · pays for itself in ~ 15 yrs
median 2,502 €/m² for comparable properties
Rent covers ~ 62% of the payment
~ 685 €/mo rent · you top up ~ 420 €/mo
median 2,502 €/m² for comparable properties
Rent covers ~ 88% of the payment
~ 685 €/mo rent · you top up ~ 91 €/mo
median 2,502 €/m² for comparable properties
Rent covers ~ 57% of the payment
~ 685 €/mo rent · you top up ~ 508 €/mo
median 2,483 €/m² for comparable properties
Rent covers ~ 46% of the payment
~ 607 €/mo rent · you top up ~ 702 €/mo
median 2,710 €/m² for comparable properties
Rent covers ~ 67% of the payment
~ 666 €/mo rent · you top up ~ 332 €/mo
median 2,502 €/m² for comparable properties
Rent covers ~ 40% of the payment
~ 685 €/mo rent · you top up ~ 1,023 €/mo