median 2,158 €/m² for comparable properties
Rent covers ~ 165% of the payment
~ 691 €/mo rent · pays for itself in ~ 11 yrs
AT MARKET LEVEL
fairly priced
against the median for 2-room apartments in Ovcha Kupel 2 (133 properties)
Fair investment rating
The rent covers 101% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 19 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 Ovcha Kupel 2 (133 properties) — 2,300 €/m² against 2,192 €/m².
The offered property is a two-room apartment with an area of 65 sq m, located in the district of Ovcha kupel 2 in Sofia. The apartment is situated on the 4th floor of 8 in a prefab panel building with an elevator and controlled access. The layout includes a spacious corridor with built-in wardrobes, a bright living room with access to a terrace with south aspect, an independent bedroom, and a separate kitchen with a second terrace. The apartment has two enclosed terraces with PVC windows, which increases the usable area. The building was constructed in 1980 and is in good condition, while the apartment requires renovation, offering the opportunity for customization. The location is well connected, close to a metro station, public transport, schools, and green areas, providing convenience for daily living. The property is suitable both for living and as an investment with potential for modernization and adaptation to the owner's needs.
With 20% down over 20 years the monthly mortgage payment is about 663 €, against an expected local rent of 668 €. The rent covers the whole payment (101%).
The asking price has risen by 5,000 € (3.2%) since it was first listed.
Source: Market statistics for 2-room apartments in Ovcha Kupel 2
Derived from this specific property's data — not a generic checklist. Take them with you.
What changed since the listing went up — a renovation, paperwork, something else?
Because: The price is about 3% higher than when it was first advertised.
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 2,158 €/m² for comparable properties
Rent covers ~ 165% of the payment
~ 691 €/mo rent · pays for itself in ~ 11 yrs
median 2,192 €/m² for comparable properties
Rent covers ~ 89% of the payment
~ 668 €/mo rent · you top up ~ 82 €/mo
median 2,192 €/m² for comparable properties
Rent covers ~ 104% of the payment
~ 668 €/mo rent · pays for itself in ~ 18 yrs
median 2,192 €/m² for comparable properties
Rent covers ~ 108% of the payment
~ 668 €/mo rent · pays for itself in ~ 17 yrs
median 2,192 €/m² for comparable properties
Rent covers ~ 84% of the payment
~ 668 €/mo rent · you top up ~ 126 €/mo
median 2,192 €/m² for comparable properties
Rent covers ~ 98% of the payment
~ 668 €/mo rent · you top up ~ 11 €/mo
median 2,192 €/m² for comparable properties
Rent covers ~ 106% of the payment
~ 668 €/mo rent · pays for itself in ~ 18 yrs
median 2,192 €/m² for comparable properties
Rent covers ~ 109% of the payment
~ 668 €/mo rent · pays for itself in ~ 17 yrs