median 2,298 €/m² for comparable properties
Rent covers ~ 126% of the payment
~ 603 €/mo rent · pays for itself in ~ 15 yrs
~29,500 € BELOW MARKET
good value
against the median for 2-room apartments in Nadejda 2 (97 properties)
Fair investment rating
The rent covers 111% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 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 29,500 € below the typical price (the median) for 2-room apartments in Nadejda 2 (97 properties) — 1,848 €/m² against 2,298 €/m².
The offered property is a two-room apartment in the Nadezhda 2 district, Sofia. The apartment has a floor area of 66 sq m and is located on the first floor of a four-storey building. The layout includes an entrance hall, living room with glazed terrace, bedroom, separate kitchen with glazed terrace, and bathroom with toilet. The apartment is internal and warm, with PVC windows and internal and external insulation, which ensures low heating costs. The construction is brick, and heating and hot water are centralized via district heating. The area is quiet and well-organized with quick access to bus stops, Beli Dunav metro station, and supermarkets such as Lidl and Kaufland. The property requires renovation, and parking around the building is free. This home is suitable for families seeking a functional residence in a well-served area with the possibility to renovate according to personal preferences.
With 20% down over 20 years the monthly mortgage payment is about 541 €, against an expected local rent of 603 €. The rent covers the whole payment (111%).
The asking price has fallen by 3,005 € (2.4%) since it was first listed.
Source: Market statistics for 2-room apartments in Nadejda 2
Derived from this specific property's data — not a generic checklist. Take them with you.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 20% below the average for comparable properties.
Is there still room to negotiate?
Because: The price has been cut once, by about 2%.
Is there damp, is there enough daylight, and what is the noise like?
Because: The property is on the first floor.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
median 2,298 €/m² for comparable properties
Rent covers ~ 126% of the payment
~ 603 €/mo rent · pays for itself in ~ 15 yrs
median 2,298 €/m² for comparable properties
Rent covers ~ 98% of the payment
~ 603 €/mo rent · you top up ~ 14 €/mo
median 2,459 €/m² for comparable properties
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median 2,459 €/m² for comparable properties
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~ 742 €/mo rent · you top up ~ 567 €/mo
median 2,298 €/m² for comparable properties
Rent covers ~ 126% of the payment
~ 603 €/mo rent · pays for itself in ~ 15 yrs
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Rent covers ~ 57% of the payment
~ 584 €/mo rent · you top up ~ 436 €/mo
median 2,500 €/m² for comparable properties
Rent covers ~ 61% of the payment
~ 609 €/mo rent · you top up ~ 387 €/mo
median 2,459 €/m² for comparable properties
Rent covers ~ 67% of the payment
~ 742 €/mo rent · you top up ~ 367 €/mo