−29% below market
median 1,676 €/m² for comparable properties
125,000 € 1,190 €/m²
Rent covers ~ 152% of the payment
~ 843 €/mo rent · pays for itself in ~ 12 yrs
Sale149,000 €2,660 €/m²
Expected rent843 € /mo
~55,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Obelya 1 (34 properties)
Area
56 m²
Floor
0 / 7
Construction
Brick
Year
2024
Heating
District Heating
Yield analysis
Good investment rating
Monthly payment661 €20% down payment · 20 yrs · 3%
Expected rent843 €at market conditions for the neighbourhood
The rent covers 128% 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.
Price history
3 changes since listing▼ 2% · 3,000 €
- 149,000 €
- 140,000 €▼ 9,000 € (6%)
- 144,000 €▲ 4,000 € (2.9%)
- 146,000 €▲ 2,000 € (1.4%)
Property analysis
This apartment is priced about 55,000 € above the typical price (the median) for 2-room apartments in Obelya 1 (34 properties) — 2,660 €/m² against 1,676 €/m².
Two-room apartment with an area of 56 sq m, located on the ground floor in the district of Obelya 1, Sofia. The property includes a yard of 150 sq m for private use, providing additional space for the residents.
The layout is typical for a two-room apartment, with separate and functional rooms suitable for everyday comfort.
The building is brick, built in 2024, which ensures modern construction materials and technologies. The presence of Act 16 for 2 years confirms its completion and readiness for use.
The Obelya 1 district has good urban infrastructure and access to essential services, facilitating daily life.
The property is suitable for families seeking convenience and extra outdoor space in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 661 €, against an expected local rent of 843 €. The rent covers the whole payment (128%).
The asking price has fallen by 3,000 € (2%) since it was first listed.
Pros and cons
AI summaryPros
- new-build
- yard with 150 sq m
- functional layout
Cons
- ground floor
Details
- Category
- Residential
- Rooms
- 2
Location
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