−12% below market
median 2,495 €/m² for comparable properties
290,500 € 2,200 €/m²
Rent covers ~ 50% of the payment
~ 650 €/mo rent · you top up ~ 639 €/mo
Sale220,000 €2,933 €/m²
Expected rent888 € /mo
~31,000 € ABOVE MARKET
above market
against the median for 2-room apartments in Boyana (130 properties)
Area
75 m²
Floor
2 / 4
Construction
Brick
Year
2013
Yield analysis
Fair investment rating
Monthly payment976 €20% down payment · 20 yrs · 3%
Expected rent888 €at market conditions for the neighbourhood
The rent covers 91% of the payment — you top up about 88 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Property analysis
This apartment is priced about 31,000 € above the typical price (the median) for 2-room apartments in Boyana (130 properties) — 2,933 €/m² against 2,522 €/m².
The apartment is located in Boyana, Sofia, on Panorama Road. It has 2 rooms and a total area of 75 sq m. A parking space is included. The layout includes a corridor, living room with dining area and kitchenette, bedroom, bathroom with toilet, and a terrace with a view of Sofia. The apartment is on the second floor of a four-storey building with an elevator. The building is brick, built in 2013, with luxuriously finished common areas and a natural stone facade. The apartment is plastered and painted, prepared for flooring installation; heating is electric. The location is quiet, close to natural areas and with good access to the city centre. The property is suitable for a family looking for a spacious and bright home with amenities and parking.
With 20% down over 20 years the monthly mortgage payment is about 976 €, against an expected local rent of 888 €. The rent covers 91% of it.
Pros and cons
AI summaryPros
- functional layout
- terrace with view
- elevator
- parking included
Cons
- electric heating
- unfinished flooring
Layout
- corridor
- living room
- bedroom
Amenities
- Elevator
- With Parking
- Internet Connection
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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