−12% below market
median 2,495 €/m² for comparable properties
290,500 € 2,200 €/m²
Rent covers ~ 50% of the payment
~ 650 €/mo rent · you top up ~ 639 €/mo
Sale430,000 €3,467 €/m²
Expected rent1,398 € /mo
~91,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Boyana (250 properties)
Area
124 m²
Floor
1 / 4
Construction
Brick
Year
2024
Yield analysis
Low investment rating
Monthly payment1,908 €20% down payment · 20 yrs · 3%
Expected rent1,398 €at market conditions for the neighbourhood
The rent covers 73% of the payment — you top up about 510 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 26 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 91,000 € above the typical price (the median) for 3-room apartments in Boyana (250 properties) — 3,467 €/m² against 2,732 €/m².
Three-room apartment in Sofia, Boyana district, part of a gated residential complex with Act 16 from 2024. It is located on the ground floor of a four-storey building.
The layout includes three rooms with a total area of 124 sq m and a terrace with frost-resistant granite tiles, facing southwest and southeast, providing good natural light.
The building is brick with 3 m ceiling height, equipped with sound insulation, PVC windows with triple glazing, and gas heating with a Bosch boiler. A parking space can be purchased.
The complex offers access control, children's playgrounds, green areas, a gym, and a nearby restaurant, with convenient access to the city centre and Vitosha Nature Park.
The property is suitable for families seeking tranquility and amenities in a gated environment with easy access to nature and the city.
With 20% down over 20 years the monthly mortgage payment is about 1,908 €, against an expected local rent of 1,398 €. The rent covers 73% of it.
Pros and cons
AI summaryPros
- gated complex
- southwest aspect
- high ceilings
- quality materials
Cons
- ground floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
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.
Layout
- bedroom
- bedroom
- bedroom
Details
- Category
- Residential
- Rooms
- 3
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
−12% below market
median 2,497 €/m² for comparable properties
302,000 € 2,204 €/m²
Rent covers ~ 49% of the payment
~ 650 €/mo rent · you top up ~ 690 €/mo
+52% above market
median 2,732 €/m² for comparable properties
420,000 € 4,158 €/m²
Rent covers ~ 75% of the payment
~ 1,398 €/mo rent · you top up ~ 465 €/mo
At market level
median 2,522 €/m² for comparable properties
154,368 € 2,412 €/m²
Rent covers ~ 130% of the payment
~ 888 €/mo rent · pays for itself in ~ 14 yrs
At market level
median 2,528 €/m² for comparable properties
178,990 € 2,594 €/m²
Rent covers ~ 112% of the payment
~ 888 €/mo rent · pays for itself in ~ 17 yrs
+39% above market
median 2,791 €/m² for comparable properties
750,000 € 3,865 €/m²
Rent covers ~ 51% of the payment
~ 1,686 €/mo rent · you top up ~ 1,642 €/mo
+49% above market
median 2,791 €/m² for comparable properties
700,000 € 4,166 €/m²
Rent covers ~ 54% of the payment
~ 1,686 €/mo rent · you top up ~ 1,420 €/mo
−12% below market
median 2,732 €/m² for comparable properties
245,928 € 2,411 €/m²
Rent covers ~ 128% of the payment
~ 1,398 €/mo rent · pays for itself in ~ 15 yrs