+16% above market
median 2,644 €/m² for comparable properties
175,000 € 3,070 €/m²
Rent covers ~ 78% of the payment
~ 604 €/mo rent · you top up ~ 172 €/mo
Sale115,000 €2,674 €/m²
Expected rent604 € /mo
AT MARKET LEVEL
fairly priced
against the median for 2-room apartments in Ilinden (40 properties)
Area
43 m²
Floor
3 / 3
Construction
Brick
Year
1950
Yield analysis
Good investment rating
Monthly payment510 €20% down payment · 20 yrs · 3%
Expected rent604 €at market conditions for the neighbourhood
The rent covers 118% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 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 at the typical price (the median) for 2-room apartments in Ilinden (40 properties) — 2,674 €/m² against 2,644 €/m².
2-room apartment in Sofia, Ilinden district, Naicho Tsanov St. It is located on the third floor of three in a timber-joist building, built in 1950 with brick construction.
The layout includes an entrance hall, living room with kitchenette, and bedroom, with an attic (7.6 sq m) and basement (8.27 sq m) included with the property.
The building has a main structure of bricks, heating is electric with an air conditioner, and the apartment is furnished. Given the age of the building, the condition is typical for this period.
The location is convenient, about a 3-minute walk from Vardar metro station, providing easy access to public transport and Sofia city centre.
The property is suitable for those seeking a functional residential option with good transport connections in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 510 €, against an expected local rent of 604 €. The rent covers the whole payment (118%).
Pros and cons
AI summaryPros
- functional layout
- close to metro
- attic and basement
Cons
- top floor
- older building
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1950 — about 76 years old.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- entrance hall
- living room
- kitchenette
- bedroom
Amenities
- Internet Connection
- Access Control
Details
- Category
- Residential
- Rooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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