median 1,676 €/m² for comparable properties
Rent covers ~ 152% of the payment
~ 843 €/mo rent · pays for itself in ~ 12 yrs
~42,500 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Obelya 1 (34 properties)
Good investment rating
The rent covers 124% 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 about 42,500 € above the typical price (the median) for 2-room apartments in Obelya 1 (34 properties) — 2,318 €/m² against 1,676 €/m².
The apartment is two-room and is located in the Obelya 1 residential complex, Sofia, on 25 St. It has an area of 66 sq m and is situated on the 3rd floor of 8 in a prefab panel block. The internal layout includes a spacious living room, separate bedroom, kitchen, bathroom with toilet, and two glazed balconies. The property has a basement storage room and the aspect provides good lighting throughout the day. The building is prefab panel from 1980, with controlled access and common areas in standard condition. The location is convenient, close to metro, public transport, shops, schools, and kindergartens. Around the block there is free parking and a green, quiet environment. The property is suitable for urban living with conveniences and a functional layout.
With 20% down over 20 years the monthly mortgage payment is about 679 €, against an expected local rent of 843 €. The rent covers the whole payment (124%).
This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 116 days. The asking price has fallen by 5,000 € (3.2%) since it was first listed.
Derived from this specific property's data — not a generic checklist. Take them with you.
Is there still room to negotiate?
Because: The price has been cut once, by about 3%.
Who am I negotiating with, and who is authorised to agree a price?
Because: The property appears in 2 listings at the same price.
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 1,676 €/m² for comparable properties
Rent covers ~ 152% of the payment
~ 843 €/mo rent · pays for itself in ~ 12 yrs
median 1,676 €/m² for comparable properties
Rent covers ~ 133% of the payment
~ 843 €/mo rent · pays for itself in ~ 14 yrs
median 1,977 €/m² for comparable properties
Rent covers ~ 115% of the payment
~ 843 €/mo rent · pays for itself in ~ 16 yrs
median 1,977 €/m² for comparable properties
Rent covers ~ 93% of the payment
~ 843 €/mo rent · you top up ~ 63 €/mo
median 1,977 €/m² for comparable properties
Rent covers ~ 84% of the payment
~ 843 €/mo rent · you top up ~ 156 €/mo
median 1,977 €/m² for comparable properties
Rent covers ~ 95% of the payment
~ 843 €/mo rent · you top up ~ 47 €/mo
median 1,977 €/m² for comparable properties
Rent covers ~ 95% of the payment
~ 843 €/mo rent · you top up ~ 42 €/mo
median 1,977 €/m² for comparable properties
Rent covers ~ 88% of the payment
~ 843 €/mo rent · you top up ~ 115 €/mo