median 2,400 €/m² for comparable properties
Rent covers ~ 105% of the payment
~ 626 €/mo rent · pays for itself in ~ 18 yrs
~39,500 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Ovcha Kupel (301 properties)
Low investment rating
The rent covers 71% of the payment — you top up about 252 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 26 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 39,500 € above the typical price (the median) for 2-room apartments in Ovcha Kupel (301 properties) — 3,000 €/m² against 2,400 €/m².
2-room apartment in Sofia city, Ovcha kupel district, on Boryana St. The property is part of a new building from 2023 with an Act 16 (completion certificate).
The layout includes a bedroom (14.19 sq m), living room (13.54 sq m), separate kitchenette (5 sq m), bathroom and corridor, as well as a long terrace (5.85 sq m). There is a basement with an area of 5.53 sq m, which adds to the usable floor area.
The building is brick, with five-chamber PVC windows and an elevator. The apartment is on the sixth of seven floors and has controlled access.
The location is on a main street, but the property is quiet and bright with a southeast aspect. Nearby is bus stop number 73, providing convenient public transport.
Suitable for those seeking a functional two-room apartment in a new building with good location and amenities.
With 20% down over 20 years the monthly mortgage payment is about 878 €, against an expected local rent of 626 €. The rent covers 71% of it.
Source: Market statistics for 2-room apartments in Ovcha Kupel
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 2,400 €/m² for comparable properties
Rent covers ~ 105% of the payment
~ 626 €/mo rent · pays for itself in ~ 18 yrs
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median 2,203 €/m² for comparable properties
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