−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
Sale345,000 €4,859 €/m²
Expected rent1,095 € /mo
~96,500 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Centyr (808 properties)
Area
71 m²
Floor
2 / 4
Construction
Brick
Yield analysis
Low investment rating
Monthly payment1,531 €20% down payment · 20 yrs · 3%
Expected rent1,095 €at market conditions for the neighbourhood
The rent covers 72% of the payment — you top up about 436 €/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 96,500 € above the typical price (the median) for 3-room apartments in Centyr (808 properties) — 4,859 €/m² against 3,500 €/m².
3-room apartment in Sofia city, Center district, Tsar Asen St, near the Palace of Justice.
The layout has been converted from two-room to three-room, providing more functional use of the space.
The building is brick, on the second floor of four total, with no additional information about its condition or amenities.
The location is central, with easy access to administrative and public services.
The property is suitable for those seeking a residence in the center with the possibility to adapt the internal layout.
With 20% down over 20 years the monthly mortgage payment is about 1,531 €, against an expected local rent of 1,095 €. The rent covers 72% of it.
Pros and cons
AI summaryPros
- three-room conversion
- central location
- brick construction
Cons
- no information on amenities
- unspecified construction year
Layout
- living room
- 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
−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
+37% above market
median 3,500 €/m² for comparable properties
428,000 € 4,808 €/m²
Rent covers ~ 58% of the payment
~ 1,095 €/mo rent · you top up ~ 804 €/mo
+35% above market
median 3,414 €/m² for comparable properties
350,000 € 4,605 €/m²
Rent covers ~ 47% of the payment
~ 735 €/mo rent · you top up ~ 818 €/mo
At market level
median 3,414 €/m² for comparable properties
223,500 € 3,438 €/m²
Rent covers ~ 74% of the payment
~ 735 €/mo rent · you top up ~ 257 €/mo
−28% below market
median 3,429 €/m² for comparable properties
555,538 € 2,458 €/m²
Rent covers ~ 61% of the payment
~ 1,510 €/mo rent · you top up ~ 955 €/mo
−33% below market
median 3,500 €/m² for comparable properties
499,187 € 2,354 €/m²
Rent covers ~ 49% of the payment
~ 1,095 €/mo rent · you top up ~ 1,120 €/mo