−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
Sale95,000 €989 €/m²
Expected rent844 € /mo
~154,000 € 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
96 m²
Floor
8 / 8
Construction
Panel
Year
1980
Yield analysis
Strong investment rating
Monthly payment421 €20% down payment · 20 yrs · 3%
Expected rent844 €at market conditions for the neighbourhood
The rent covers 200% 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 154,000 € below the typical price (the median) for apartments in Sofia (20,728 properties) — 989 €/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 421 €, against an expected local rent of 844 €. The rent covers the whole payment (200%).
This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 265 days.
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 62% below the average for comparable properties.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 265 days.
Who am I negotiating with, and who is authorised to agree a price?
Because: The property appears in 2 listings at the same price.
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
- With Parking
- Internet Connection
- Active Business
- Access Control
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
−61% below market
median 2,594 €/m² for comparable properties
57,000 € 1,017 €/m²
Rent covers ~ 334% of the payment
~ 844 €/mo rent · pays for itself in ~ 6 yrs
−50% below market
median 2,594 €/m² for comparable properties
88,400 € 1,300 €/m²
Rent covers ~ 215% of the payment
~ 844 €/mo rent · pays for itself in ~ 9 yrs
−53% below market
median 2,594 €/m² for comparable properties
55,000 € 1,222 €/m²
Rent covers ~ 346% of the payment
~ 844 €/mo rent · pays for itself in ~ 5 yrs
−60% below market
median 2,594 €/m² for comparable properties
104,900 € 1,049 €/m²
Rent covers ~ 181% of the payment
~ 844 €/mo rent · pays for itself in ~ 10 yrs