At market level
median 4,031 €/m² for comparable properties
326,000 € 3,360 €/m²
Rent covers ~ 79% of the payment
~ 1,146 €/mo rent · you top up ~ 300 €/mo
Sale279,000 €4,359 €/m²
Expected rent648 € /mo
AT MARKET LEVEL
fairly priced
against the median for 2-room apartments in Iztok (43 properties)
Area
64 m²
Floor
4 / 8
Construction
Brick
Year
1960
Heating
District Heating
Yield analysis
Low investment rating
Monthly payment1,238 €20% down payment · 20 yrs · 3%
Expected rent648 €at market conditions for the neighbourhood
The rent covers 52% of the payment — you top up about 590 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 36 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 Iztok (43 properties) — 4,359 €/m² against 4,095 €/m².
Two-room apartment with an area of 64 sq m, located on the 4th floor of a brick building on Anton P. Chekhov St in Iztok district, Sofia.
The layout includes an entrance hall, spacious living room, separate bedroom, separate kitchen, bathroom with toilet and an adjacent basement, providing additional storage space.
The building is a solid brick construction from 1960, equipped with an elevator and district heating, but the apartment needs renovation.
The location is convenient, close to Joliot Curie metro station, Borisova Gradina park, schools, kindergartens and shops, with easy access to public transport.
The property is suitable both for living and for long-term investment in a well-developed area with convenient infrastructure.
With 20% down over 20 years the monthly mortgage payment is about 1,238 €, against an expected local rent of 648 €. The rent covers 52% of it.
Pros and cons
AI summaryPros
- southwest aspect
- elevator
- close to metro
- brick construction
Cons
- needs renovation
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
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.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1960 — about 66 years old.
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
- bedroom
- kitchen
- bathroom
Amenities
- Elevator
- Access Control
- Needs Renovation
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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