−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
Sale370,000 €3,978 €/m²
Expected rent1,095 € /mo
~44,500 € ABOVE MARKET
above market
against the median for 3-room apartments in Centyr (808 properties)
Area
93 m²
Construction
Brick
Heating
District Heating
Yield analysis
Low investment rating
Monthly payment1,642 €20% down payment · 20 yrs · 3%
Expected rent1,095 €at market conditions for the neighbourhood
The rent covers 67% of the payment — you top up about 547 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 28 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 44,500 € above the typical price (the median) for 3-room apartments in Centyr (808 properties) — 3,978 €/m² against 3,500 €/m².
Three-room apartment in Sofia, Center district, near Ruski Pametnik Square.
The layout includes an entrance hall, spacious living room with vestibule, two bedrooms with access to a terrace overlooking the inner courtyard, separate kitchen, bathroom and separate toilet.
The building is brick from the 1940s, without an elevator, heating and hot water are district heating. The property includes a basement and an attic.
The area is well developed with many shops, restaurants, public transport stops, as well as proximity to Pirogov Hospital, schools and kindergartens.
The property is suitable for living or renting out due to its central location and functional layout.
With 20% down over 20 years the monthly mortgage payment is about 1,642 €, against an expected local rent of 1,095 €. The rent covers 67% of it.
Pros and cons
AI summaryPros
- functional layout
- terrace with view
- basement and attic
- central location
Cons
- no elevator
Layout
- entrance hall
- living room
- bedroom
- bedroom
- kitchen
- bathroom
- toilet
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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