−42% below market
median 3,500 €/m² for comparable properties
245,000 € 2,024 €/m²
Rent covers ~ 101% of the payment
~ 1,095 €/mo rent · pays for itself in ~ 19 yrs
Sale499,000 €4,301 €/m²
Expected rent1,095 € /mo
~93,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Centyr (808 properties)
Area
116 m²
Floor
3 / 4
Construction
Brick
Year
1940
Heating
District Heating
Yield analysis
Low investment rating
Monthly payment2,214 €20% down payment · 20 yrs · 3%
Expected rent1,095 €at market conditions for the neighbourhood
The rent covers 49% of the payment — you top up about 1,119 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 38 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 93,000 € above the typical price (the median) for 3-room apartments in Centyr (808 properties) — 4,301 €/m² against 3,500 €/m².
Three-room apartment with an area of 116 sq m, located in Sofia Centre on William Gladstone St.
The layout includes a spacious living room with kitchen area, two separate bedrooms, a bathroom, and additional service rooms, providing a functional division of the dwelling.
The building is a solid brick construction from 1940, with maintained common areas, but the apartment is in need of full renovation, offering the opportunity for customization.
The location is well connected, close to major boulevards, public transport stops, shops, and administrative buildings, within walking distance to Vitosha Blvd and NDK.
The property is suitable both for living and as an investment with potential for rental or short-term accommodation.
With 20% down over 20 years the monthly mortgage payment is about 2,214 €, against an expected local rent of 1,095 €. The rent covers 49% of it.
Pros and cons
AI summaryPros
- functional layout
- central location
- solid brick building
Cons
- in need of full renovation
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1940 — about 86 years old.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living room
- bedroom
- bedroom
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
At market level
median 3,414 €/m² for comparable properties
299,000 € 3,476 €/m²
Rent covers ~ 55% of the payment
~ 735 €/mo rent · you top up ~ 592 €/mo
No market valuation
On request
No yield data
Appears once there's enough market data
−14% below market
median 3,500 €/m² for comparable properties
265,000 € 3,011 €/m²
Rent covers ~ 93% of the payment
~ 1,095 €/mo rent · you top up ~ 81 €/mo
+14% above market
median 3,500 €/m² for comparable properties
450,000 € 3,982 €/m²
Rent covers ~ 55% of the payment
~ 1,095 €/mo rent · you top up ~ 902 €/mo
+22% above market
median 3,500 €/m² for comparable properties
362,989 € 4,270 €/m²
Rent covers ~ 68% of the payment
~ 1,095 €/mo rent · you top up ~ 516 €/mo
−27% below market
median 3,414 €/m² for comparable properties
208,000 € 2,506 €/m²
Rent covers ~ 80% of the payment
~ 735 €/mo rent · you top up ~ 188 €/mo
At market level
median 3,971 €/m² for comparable properties
99,000 € 4,304 €/m²
Rent covers ~ 127% of the payment
~ 557 €/mo rent · pays for itself in ~ 15 yrs