median 3,069 €/m² for comparable properties
Rent covers ~ 58% of the payment
~ 619 €/mo rent · you top up ~ 446 €/mo
~15,000 € BELOW MARKET
good value
against the median for 2-room apartments in Mladost 1 (49 properties)
Fair investment rating
The rent covers 83% of the payment — you top up about 131 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 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 15,000 € below the typical price (the median) for 2-room apartments in Mladost 1 (49 properties) — 2,816 €/m² against 3,069 €/m².
The apartment is located in Sofia, Mladost 1 district, on Metodi Andonov St. The property has a floor area of 60 sq m and is situated on the 3rd floor of an 8-storey prefab panel building from 1980. The layout includes a separate kitchen with glazed balcony, living room and bedroom with parquet flooring, as well as a bathroom with toilet. The building has an elevator and controlled access. The building is renovated and has maintained common areas, while the apartment is partially renovated but requires further improvements. The location is convenient, close to the metro station, public transport stops, and shops. The surroundings are green and offer a quiet urban environment. This property is suitable for those seeking a functional home with a good location and potential for updating.
With 20% down over 20 years the monthly mortgage payment is about 750 €, against an expected local rent of 619 €. The rent covers 83% of it.
Source: Market statistics for 2-room apartments in Mladost 1
Derived 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.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 years old.
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 3,069 €/m² for comparable properties
Rent covers ~ 58% of the payment
~ 619 €/mo rent · you top up ~ 446 €/mo
median 2,657 €/m² for comparable properties
Rent covers ~ 62% of the payment
~ 807 €/mo rent · you top up ~ 497 €/mo
median 3,069 €/m² for comparable properties
Rent covers ~ 64% of the payment
~ 619 €/mo rent · you top up ~ 353 €/mo
median 2,657 €/m² for comparable properties
Rent covers ~ 73% of the payment
~ 807 €/mo rent · you top up ~ 300 €/mo
median 2,657 €/m² for comparable properties
Rent covers ~ 95% of the payment
~ 807 €/mo rent · you top up ~ 45 €/mo
median 2,657 €/m² for comparable properties
Rent covers ~ 45% of the payment
~ 807 €/mo rent · you top up ~ 968 €/mo
median 3,069 €/m² for comparable properties
Rent covers ~ 49% of the payment
~ 619 €/mo rent · you top up ~ 652 €/mo
median 2,870 €/m² for comparable properties
Rent covers ~ 213% of the payment
~ 709 €/mo rent · pays for itself in ~ 9 yrs