−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
Sale295,000 €3,881 €/m²
Expected rent735 € /mo
~35,500 € ABOVE MARKET
above market
against the median for 2-room apartments in Centyr (438 properties)
Area
76 m²
Floor
5 / 6
Construction
Brick
Year
1960
Yield analysis
Low investment rating
Monthly payment1,309 €20% down payment · 20 yrs · 3%
Expected rent735 €at market conditions for the neighbourhood
The rent covers 56% of the payment — you top up about 574 €/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.
Property analysis
This apartment is priced about 35,500 € above the typical price (the median) for 2-room apartments in Centyr (438 properties) — 3,881 €/m² against 3,414 €/m².
3-room apartment in Sofia city, Center district, on Oborishte St. The property is located on the 5th floor of 6 in a building with an elevator.
The layout allows conversion into a three-room with two bedrooms, with a total area of 76 sq m. Included are an attic space of 5 sq m and a basement of 4 sq m.
The building is brick from 1960, the roof was recently renovated, and the apartment needs full renovation. Parking and elevator access to the basement are available.
The location offers amenities such as Zaimov Park and Doctor's Garden within walking distance, as well as access to public transport and a metro station. Nearby are schools, kindergartens, and shops.
The property is suitable for people looking for housing in the center with the possibility of renovation and customization according to their needs.
With 20% down over 20 years the monthly mortgage payment is about 1,309 €, against an expected local rent of 735 €. The rent covers 56% of it.
This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 57 days.
Pros and cons
AI summaryPros
- elevator
- parking
- close to park
- brick construction
Cons
- needs renovation
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Who am I negotiating with, and who is authorised to agree a price?
Because: The property appears in 2 listings at the same price.
What is the scope of the work, and are there hidden problems with the wiring or plumbing?
Because: The listing states that the property needs renovation.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1960 — about 66 years old.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- bedroom
Amenities
- Elevator
- With Parking
- Needs Renovation
Details
- Category
- Residential
- Rooms
- 3
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
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median 3,500 €/m² for comparable properties
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Rent covers ~ 93% of the payment
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median 3,414 €/m² for comparable properties
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At market level
median 3,971 €/m² for comparable properties
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Rent covers ~ 127% of the payment
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median 3,500 €/m² for comparable properties
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Rent covers ~ 58% of the payment
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