At market level
median 2,677 €/m² for comparable properties
115,000 € 2,674 €/m²
Rent covers ~ 117% of the payment
~ 596 €/mo rent · pays for itself in ~ 16 yrs
Sale185,000 €2,642 €/m²
Expected rent765 € /mo
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Ilinden (28 properties)
Area
70 m²
Floor
8 / 8
Construction
Panel
Year
1980
Heating
District Heating
Yield analysis
Fair investment rating
Monthly payment821 €20% down payment · 20 yrs · 3%
Expected rent765 €at market conditions for the neighbourhood
The rent covers 93% of the payment — you top up about 56 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 20 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 at the typical price (the median) for 3-room apartments in Ilinden (28 properties) — 2,642 €/m² against 2,562 €/m².
Apartment with three rooms in the Ilinden residential complex, Sofia, on Gyorche Petrov St.
Layout: living room with kitchenette, two bedrooms, bathroom with toilet, and terrace with panoramic view.
The building is prefab panel from 1980, with elevator and access control, and the apartment is partially renovated and heated by district heating.
The location is quiet and convenient, with quick access to public transport, Vardar metro station, schools, and parks.
Suitable property for a family seeking functional layout and amenities in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 821 €, against an expected local rent of 765 €. The rent covers 93% 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 11 days.
Pros and cons
AI summaryPros
- functional layout
- panoramic terrace
- elevator
- close to metro
Cons
- top floor
- prefab panel building
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.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 years old.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living room
- large room
- bedroom
Amenities
- Elevator
- Access Control
- Renovated
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
- Furnishing
- Yes
Location
Similar properties nearby
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Rent covers ~ 57% of the payment
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At market level
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At market level
median 2,562 €/m² for comparable properties
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Rent covers ~ 66% of the payment
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