median 2,289 €/m² for comparable properties
Rent covers ~ 89% of the payment
~ 533 €/mo rent · you top up ~ 66 €/mo
~24,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Lyulin 3 (26 properties)
Fair investment rating
The rent covers 102% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 18 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 24,000 € above the typical price (the median) for 2-room apartments in Lyulin 3 (26 properties) — 2,873 €/m² against 2,289 €/m².
The offered property is a two-room apartment in the Lyulin 3 residential complex, Sofia, located on Dobrinova Skala Blvd. The apartment has an area of 41 sq m and is situated on the 5th floor of a 13-storey building.
The layout includes an entrance hall, living room with dining area and kitchenette, bedroom, and bathroom with toilet. The apartment has replaced PVC windows and an adjacent basement.
The building has well-maintained common areas, an entrance with replaced windows, access control, and two elevators, providing convenience in use. Heating is electric.
The area offers free parking, proximity to grocery stores, eateries, pharmacies, and public transport stops.
The property is suitable for people seeking a home with a convenient location and basic infrastructure but requires renovation for full functionality.
With 20% down over 20 years the monthly mortgage payment is about 523 €, against an expected local rent of 533 €. The rent covers the whole payment (102%).
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 2,289 €/m² for comparable properties
Rent covers ~ 89% of the payment
~ 533 €/mo rent · you top up ~ 66 €/mo
median 2,125 €/m² for comparable properties
Rent covers ~ 55% of the payment
~ 541 €/mo rent · you top up ~ 434 €/mo
median 2,289 €/m² for comparable properties
Rent covers ~ 83% of the payment
~ 533 €/mo rent · you top up ~ 110 €/mo
median 2,744 €/m² for comparable properties
Rent covers ~ 103% of the payment
~ 541 €/mo rent · pays for itself in ~ 18 yrs
median 2,289 €/m² for comparable properties
Rent covers ~ 92% of the payment
~ 533 €/mo rent · you top up ~ 44 €/mo
median 2,125 €/m² for comparable properties
Rent covers ~ 84% of the payment
~ 541 €/mo rent · you top up ~ 107 €/mo
median 2,125 €/m² for comparable properties
Rent covers ~ 72% of the payment
~ 541 €/mo rent · you top up ~ 213 €/mo
median 2,744 €/m² for comparable properties
Rent covers ~ 108% of the payment
~ 541 €/mo rent · pays for itself in ~ 17 yrs