At market level
median 2,567 €/m² for comparable properties
450,000 € 2,419 €/m²
Rent covers ~ 106% of the payment
~ 2,125 €/mo rent · pays for itself in ~ 18 yrs
Sale290,000 €4,027 €/m²
Expected rent755 € /mo
~105,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Simeonovo (83 properties)
Area
72 m²
Floor
2 / 4
Construction
Brick
Heating
Gas
Yield analysis
Low investment rating
Monthly payment1,287 €20% down payment · 20 yrs · 3%
Expected rent755 €at market conditions for the neighbourhood
The rent covers 59% of the payment — you top up about 532 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 32 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Property analysis
This apartment is priced about 105,000 € above the typical price (the median) for 2-room apartments in Simeonovo (83 properties) — 4,027 €/m² against 2,569 €/m².
Two-room apartment with an area of 72 sq m, located in the Simeonovo district of Sofia. The property is on the second floor of a four-storey brick building.
The layout includes functional rooms with gas heating, inverter air conditioners, and external roller shutters on all windows. The apartment is furnished and ready to move in.
The building is brick, made with quality materials and energy efficiency, equipped with high-end Bosch appliances.
The location offers a quiet and green environment, close to a public transport stop, shopping centers, and the beginning of eco trails in Vitosha.
Suitable property for people seeking tranquility and convenient access to urban infrastructure.
With 20% down over 20 years the monthly mortgage payment is about 1,287 €, against an expected local rent of 755 €. The rent covers 59% of it.
Source: Market statistics for 2-room apartments in Simeonovo
Pros and cons
AI summaryPros
- functional layout
- gas heating
- panoramic view
- close to nature
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- bedroom 72 sq m
Exposure
AI summarySSouth
Maximum sunlight throughout the day
Details
- Category
- Residential
- Rooms
- 2
- Furnishing
- Yes
Location
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