−48% below market
median 2,594 €/m² for comparable properties
119,500 € 1,357 €/m²
Rent covers ~ 159% of the payment
~ 844 €/mo rent · pays for itself in ~ 12 yrs
Sale88,400 €1,300 €/m²
Expected rent844 € /mo
~88,000 € BELOW MARKET
far below market
against the median for apartments in Sofia (20,728 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Area
68 m²
Floor
6 / 7
Construction
Panel
Year
1980
Yield analysis
Strong investment rating
Monthly payment392 €20% down payment · 20 yrs · 3%
Expected rent844 €at market conditions for the neighbourhood
The rent covers 215% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 9 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 88,000 € below the typical price (the median) for apartments in Sofia (20,728 properties) — 1,300 €/m² against 2,594 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
With 20% down over 20 years the monthly mortgage payment is about 392 €, against an expected local rent of 844 €. The rent covers the whole payment (215%).
Questions for the viewing
Only on imotesaDerived 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 50% below the average for comparable properties.
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.
Amenities
- Elevator
Details
- Category
- Residential
- Rooms
- 3
Location
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