At market level
median 4,200 €/m² for comparable properties
279,900 € 4,177 €/m²
Rent covers ~ 53% of the payment
~ 663 €/mo rent · you top up ~ 579 €/mo
Sale740,000 €7,400 €/m²
Expected rent917 € /mo
~324,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Ivan Vazov (26 properties)
Area
100 m²
Floor
3 / 8
Construction
Brick
Year
2000
Heating
District Heating
Yield analysis
Low investment rating
Monthly payment3,283 €20% down payment · 20 yrs · 3%
Expected rent917 €at market conditions for the neighbourhood
The rent covers 28% of the payment — you top up about 2,366 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 67 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 324,000 € above the typical price (the median) for 3-room apartments in Ivan Vazov (26 properties) — 7,400 €/m² against 4,162 €/m².
Three-room apartment with an area of 100 sq m, located in the Ivan Vazov district of Sofia.
The layout includes a living room, kitchen, two bedrooms, and a bathroom with toilet, providing functional use of the space.
The building is brick construction from 2000, with well-maintained common areas and controlled access, heating is district heating.
The location is convenient, with easy access to urban infrastructure and services, making the property suitable both for living and investment.
The property is suitable for people seeking a practical home in a central urban environment with balanced features.
With 20% down over 20 years the monthly mortgage payment is about 3,283 €, against an expected local rent of 917 €. The rent covers 28% of it.
Source: Market statistics for 3-room apartments in Ivan Vazov
Pros and cons
AI summaryPros
- functional layout
- brick construction
- controlled access
- district heating
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
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
Location
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