median 3,500 €/m² for comparable properties
Rent covers ~ 101% of the payment
~ 1,095 €/mo rent · pays for itself in ~ 19 yrs
~55,000 € ABOVE MARKET
above market
against the median for 3-room apartments in Centyr (808 properties)
Low investment rating
The rent covers 57% of the payment — you top up about 811 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 33 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 55,000 € above the typical price (the median) for 3-room apartments in Centyr (808 properties) — 4,014 €/m² against 3,500 €/m².
The offered property is a three-room apartment with an area of 107 sq m, located on the fourth floor of a brick building from 1930 in the ideal center of Sofia, on G. S. Rakovski St, near NDK. The apartment features a living room with a kitchenette and a balcony with French windows, three bedrooms, two renovated bathrooms with toilets, and two separate entrances, allowing for the possibility to divide the property. The aspect is east/west, providing good light and ventilation. The apartment needs full renovation, with the bathrooms renovated and the electrical installation partially replaced. The property includes an attic space and a basement. The building has an elevator and well-maintained common areas, and the entrance is self-sustaining from rental income of premises, which is an additional advantage. The property represents an opportunity both for personal use and investment.
With 20% down over 20 years the monthly mortgage payment is about 1,906 €, against an expected local rent of 1,095 €. The rent covers 57% of it.
The asking price has fallen by 28,500 € (6.2%) since it was first listed.
Derived from this specific property's data — not a generic checklist. Take them with you.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 243 days.
Is there still room to negotiate?
Because: The price has been cut once, by about 6%.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1930 — about 96 years old.
Is there enough daylight during the day?
Because: The advertised exposure has no southern side.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
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The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 3,500 €/m² for comparable properties
Rent covers ~ 101% of the payment
~ 1,095 €/mo rent · pays for itself in ~ 19 yrs
median 3,414 €/m² for comparable properties
Rent covers ~ 55% of the payment
~ 735 €/mo rent · you top up ~ 592 €/mo
No yield data
Appears once there's enough market data
median 3,500 €/m² for comparable properties
Rent covers ~ 93% of the payment
~ 1,095 €/mo rent · you top up ~ 81 €/mo
median 3,500 €/m² for comparable properties
Rent covers ~ 55% of the payment
~ 1,095 €/mo rent · you top up ~ 902 €/mo
median 3,500 €/m² for comparable properties
Rent covers ~ 68% of the payment
~ 1,095 €/mo rent · you top up ~ 516 €/mo
median 3,414 €/m² for comparable properties
Rent covers ~ 80% of the payment
~ 735 €/mo rent · you top up ~ 188 €/mo
median 3,971 €/m² for comparable properties
Rent covers ~ 127% of the payment
~ 557 €/mo rent · pays for itself in ~ 15 yrs