−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
Sale560,000 €4,516 €/m²
Expected rent1,095 € /mo
~126,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Centyr (808 properties)
Area
124 m²
Floor
2 / 3
Construction
Brick
Year
1920
Yield analysis
Low investment rating
Monthly payment2,485 €20% down payment · 20 yrs · 3%
Expected rent1,095 €at market conditions for the neighbourhood
The rent covers 44% of the payment — you top up about 1,390 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 43 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 126,000 € above the typical price (the median) for 3-room apartments in Centyr (808 properties) — 4,516 €/m² against 3,500 €/m².
The apartment is located on Gurgulyat St in the center of Sofia, near Frityof Nansen Blvd and NDK.
The layout includes a living room with a balcony overlooking the inner yard, separate kitchen, bedroom, and bathroom, with the apartment being non-walk-through and having 3-meter-high ceilings.
The building is brick from 1929, with a reinforced concrete slab structure, and the apartment is fully renovated with a new kitchen and bathroom.
The location is in a central urban area with access to a shared yard and additional basement and attic spaces.
The property is suitable for those seeking a spacious residential option in the center with access to green areas and city amenities.
With 20% down over 20 years the monthly mortgage payment is about 2,485 €, against an expected local rent of 1,095 €. The rent covers 44% of it.
Pros and cons
AI summaryPros
- functional layout
- high ceilings
- renovated bathroom and kitchen
- yard
Cons
- older building
- second floor
- no elevator
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 1920 — about 106 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
- kitchen
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
- Furnishing
- Yes
Location
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