median 2,659 €/m² for comparable properties
Rent covers ~ 132% of the payment
~ 613 €/mo rent · pays for itself in ~ 14 yrs
AT MARKET LEVEL
fairly priced
against the median for 2-room apartments in Nadejda 1 (44 properties)
Good investment rating
The rent covers 121% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 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 at the typical price (the median) for 2-room apartments in Nadejda 1 (44 properties) — 2,353 €/m² against 2,500 €/m².
2-room apartment in Sofia, Nadezhda 1 district, located on the 7th floor of 8 in a prefab panel building from 1980.
The property is non-walk-through, with an entrance hall, two separate rooms and a loggia-type terrace, providing a functional layout and potential for various renovations.
The building is prefab panel, with an elevator and access control, and the apartment needs renovation. Parking spaces are available around the block and there is a basement storage included.
The location is well connected, close to Nadezhda metro station, school, medical centre and public transport stops, in a green and quiet environment.
The property is suitable for people looking for a home with renovation potential in a well-established urban area.
With 20% down over 20 years the monthly mortgage payment is about 501 €, against an expected local rent of 609 €. The rent covers the whole payment (121%).
Source: Market statistics for 2-room apartments in Nadejda 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.
Maximum sunlight throughout the day
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 2,659 €/m² for comparable properties
Rent covers ~ 132% of the payment
~ 613 €/mo rent · pays for itself in ~ 14 yrs
median 2,368 €/m² for comparable properties
Rent covers ~ 78% of the payment
~ 724 €/mo rent · you top up ~ 208 €/mo
median 2,368 €/m² for comparable properties
Rent covers ~ 67% of the payment
~ 724 €/mo rent · you top up ~ 352 €/mo
median 2,500 €/m² for comparable properties
Rent covers ~ 110% of the payment
~ 609 €/mo rent · pays for itself in ~ 17 yrs
median 2,500 €/m² for comparable properties
Rent covers ~ 86% of the payment
~ 609 €/mo rent · you top up ~ 101 €/mo
median 2,500 €/m² for comparable properties
Rent covers ~ 86% of the payment
~ 609 €/mo rent · you top up ~ 101 €/mo
median 2,500 €/m² for comparable properties
Rent covers ~ 94% of the payment
~ 609 €/mo rent · you top up ~ 36 €/mo
median 2,368 €/m² for comparable properties
Rent covers ~ 38% of the payment
~ 724 €/mo rent · you top up ~ 1,194 €/mo