median 2,301 €/m² for comparable properties
Rent covers ~ 80% of the payment
~ 531 €/mo rent · you top up ~ 130 €/mo
~21,000 € BELOW MARKET
good value
against the median for 2-room apartments in Nadejda 4 (51 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 21,000 € below the typical price (the median) for 2-room apartments in Nadejda 4 (51 properties) — 1,950 €/m² against 2,301 €/m².
Apartment with two rooms, located on the second floor of a prefab panel building in the district of Nadezhda 4, Sofia. The property has an area of 60 sq m and includes a basement and a parking space.
The layout is functional, with a separate kitchen, spacious living room opening onto a large terrace, independent bedroom, bathroom and toilet. It is possible to combine the bathroom and toilet for more convenient use.
The building is prefab panel from 1960, and the apartment requires full renovation but retains natural parquet flooring in the rooms. The presence of a large terrace adds extra space and light.
The district offers amenities such as a playground and green areas nearby, making the property suitable for families. The location provides access to urban infrastructure and transport connections.
The property is suitable both for living after renovation and as an investment with rental potential.
With 20% down over 20 years the monthly mortgage payment is about 519 €, against an expected local rent of 531 €. The rent covers the whole payment (102%).
Source: Market statistics for 2-room apartments in Nadejda 4
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 15% below the average for comparable properties.
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 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.
median 2,301 €/m² for comparable properties
Rent covers ~ 80% of the payment
~ 531 €/mo rent · you top up ~ 130 €/mo
median 2,301 €/m² for comparable properties
Rent covers ~ 70% of the payment
~ 531 €/mo rent · you top up ~ 223 €/mo
median 2,301 €/m² for comparable properties
Rent covers ~ 84% of the payment
~ 531 €/mo rent · you top up ~ 100 €/mo
median 2,301 €/m² for comparable properties
Rent covers ~ 97% of the payment
~ 531 €/mo rent · you top up ~ 17 €/mo
median 2,295 €/m² for comparable properties
Rent covers ~ 103% of the payment
~ 595 €/mo rent · pays for itself in ~ 18 yrs
median 2,301 €/m² for comparable properties
Rent covers ~ 83% of the payment
~ 531 €/mo rent · you top up ~ 110 €/mo
median 2,289 €/m² for comparable properties
Rent covers ~ 62% of the payment
~ 595 €/mo rent · you top up ~ 363 €/mo
median 2,289 €/m² for comparable properties
Rent covers ~ 73% of the payment
~ 595 €/mo rent · you top up ~ 216 €/mo