+11% above market
median 4,162 €/m² for comparable properties
449,500 € 4,634 €/m²
Rent covers ~ 46% of the payment
~ 914 €/mo rent · you top up ~ 1,080 €/mo
Sale550,000 €5,500 €/m²
Expected rent914 € /mo
~134,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Ivan Vazov (26 properties)
Area
100 m²
Floor
3 / 6
Construction
Brick
Year
2009
Heating
District Heating
Yield analysis
Low investment rating
Monthly payment2,440 €20% down payment · 20 yrs · 3%
Expected rent914 €at market conditions for the neighbourhood
The rent covers 37% of the payment — you top up about 1,526 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 50 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 134,000 € above the typical price (the median) for 3-room apartments in Ivan Vazov (26 properties) — 5,500 €/m² against 4,162 €/m².
Three-room apartment in Sofia, in the Ivan Vazov district, located on the third floor of a six-storey building.
The layout includes a living room, kitchen, two bedrooms, bathroom with toilet and terrace, providing functional use of the space.
The building is brick, built in 2009, with central district heating and moderately maintained common condition.
The location is well connected and convenient for access to urban infrastructure and services.
The property is suitable for family use with a balanced combination of comfort and practicality.
With 20% down over 20 years the monthly mortgage payment is about 2,440 €, against an expected local rent of 914 €. The rent covers 37% of it.
Source: Market statistics for 3-room apartments in Ivan Vazov
Pros and cons
AI summaryPros
- functional layout
- south aspect
- brick construction
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room
- kitchen
- bedroom
- bedroom
- bathroom
Exposure
AI summarySSouth
Maximum sunlight throughout the day
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
Location
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At market level
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