median 2,235 €/m² for comparable properties
Rent covers ~ 104% of the payment
~ 574 €/mo rent · pays for itself in ~ 18 yrs
AT MARKET LEVEL
fairly priced
against the median for 2-room apartments in Svoboda (46 properties)
Fair investment rating
The rent covers 102% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 18 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 Svoboda (46 properties) — 2,116 €/m² against 2,235 €/m².
Apartment in Svoboda residential complex, Sofia, on the first floor of a prefab panel block from 1970. The property has an area of 60 sq m and has been converted from a two-room to a small three-room apartment.
The layout includes an expanded kitchen with dining area and kitchenette, two separate bedrooms, one with a balcony with new window frames, a large corridor with built-in wardrobe, separate bathroom and toilet, as well as a separate entrance hall.
The building is prefab panel construction, the apartment has external insulation, replaced window frames and entrance door, but requires renovation.
The location is close to a school, shops, warehouses and Severen Park, providing conveniences and green spaces nearby.
The property is suitable for family living with the possibility to adapt according to the needs of future occupants.
With 20% down over 20 years the monthly mortgage payment is about 563 €, against an expected local rent of 574 €. The rent covers the whole payment (102%).
Derived from this specific property's data — not a generic checklist. Take them with you.
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 1970 — about 56 years old.
Is there damp, is there enough daylight, and what is the noise like?
Because: The property is on the first floor.
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 2,235 €/m² for comparable properties
Rent covers ~ 104% of the payment
~ 574 €/mo rent · pays for itself in ~ 18 yrs
median 2,235 €/m² for comparable properties
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median 2,235 €/m² for comparable properties
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median 2,235 €/m² for comparable properties
Rent covers ~ 101% of the payment
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median 2,235 €/m² for comparable properties
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median 2,235 €/m² for comparable properties
Rent covers ~ 100% of the payment
~ 574 €/mo rent · pays for itself in ~ 19 yrs