median 1,228 €/m² for comparable properties
Rent covers ~ 264% of the payment
~ 843 €/mo rent · pays for itself in ~ 7 yrs
~38,000 € BELOW MARKET
good value
against the median for comparable properties
Strong investment rating
The rent covers 176% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 11 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 38,000 € below the typical price (the median) for comparable properties — 934 €/m² against 1,300 €/m².
Three-room apartment in Sofia, Botunets district, with an area of 112 sq m located on the 3rd floor of a 7-storey prefab panel building.
The property includes an entrance hall, living room, kitchen, two separate bedrooms, two terraces, bathroom with toilet and separate toilet, providing a functional and practical layout.
The building is prefab panel from 1980, equipped with an elevator and available internet, but the apartment requires renovation.
The area is well connected with proximity to shops, schools, kindergartens and public transport stops, facilitating daily life.
The property is suitable for a family or investment, combining urban amenities with the possibility of renovation according to needs.
With 20% down over 20 years the monthly mortgage payment is about 478 €, against an expected local rent of 843 €. The rent covers the whole payment (176%).
Derived from this specific property's data — not a generic checklist. Take them with you.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 28% below the average for comparable properties.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 271 days.
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.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,228 €/m² for comparable properties
Rent covers ~ 264% of the payment
~ 843 €/mo rent · pays for itself in ~ 7 yrs
median 1,228 €/m² for comparable properties
Rent covers ~ 173% of the payment
~ 843 €/mo rent · pays for itself in ~ 11 yrs
median 1,228 €/m² for comparable properties
Rent covers ~ 203% of the payment
~ 843 €/mo rent · pays for itself in ~ 9 yrs
median 1,228 €/m² for comparable properties
Rent covers ~ 333% of the payment
~ 843 €/mo rent · pays for itself in ~ 6 yrs
median 2,593 €/m² for comparable properties
Rent covers ~ 211% of the payment
~ 843 €/mo rent · pays for itself in ~ 9 yrs
median 1,228 €/m² for comparable properties
Rent covers ~ 260% of the payment
~ 843 €/mo rent · pays for itself in ~ 7 yrs
median 1,228 €/m² for comparable properties
Rent covers ~ 161% of the payment
~ 843 €/mo rent · pays for itself in ~ 12 yrs
median 1,228 €/m² for comparable properties
Rent covers ~ 146% of the payment
~ 843 €/mo rent · pays for itself in ~ 13 yrs