median 4,247 €/m² for comparable properties
Rent covers ~ 119% of the payment
~ 2,274 €/mo rent · pays for itself in ~ 16 yrs
~79,000 € BELOW MARKET
good value
against the median for 3-room apartments in Ivan Vazov (26 properties)
Fair investment rating
The rent covers 81% of the payment — you top up about 213 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This apartment is priced about 79,000 € below the typical price (the median) for 3-room apartments in Ivan Vazov (26 properties) — 3,175 €/m² against 4,162 €/m².
Three-room apartment in the Ivan Vazov district, Sofia, with an area of 80 sq m. It is located on the fourth floor of an eight-storey prefab panel building.
The layout includes two bedrooms, a living room, kitchen, corridor, two terraces, bathroom, toilet, and storage room, providing functional and convenient use of the space.
The building is prefab panel, built in 1980, insulated under a European project with well-maintained common areas. There is an elevator and an adjacent basement.
The location is at the entrance to Yuzhen Park, offering easy access to green spaces and nearby amenities.
The property is suitable for family living with a balance between urban conveniences and proximity to nature.
With 20% down over 20 years the monthly mortgage payment is about 1,127 €, against an expected local rent of 914 €. The rent covers 81% of it.
The asking price has fallen by 900 € (0.4%) since it was first listed.
Source: Market statistics for 3-room apartments in Ivan Vazov
Derived from this specific property's data — not a generic checklist. Take them with you.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 24% below the average for comparable properties.
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.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 4,247 €/m² for comparable properties
Rent covers ~ 119% of the payment
~ 2,274 €/mo rent · pays for itself in ~ 16 yrs
median 4,247 €/m² for comparable properties
Rent covers ~ 65% of the payment
~ 2,274 €/mo rent · you top up ~ 1,231 €/mo
median 4,247 €/m² for comparable properties
Rent covers ~ 131% of the payment
~ 2,274 €/mo rent · pays for itself in ~ 14 yrs
median 4,247 €/m² for comparable properties
Rent covers ~ 85% of the payment
~ 2,274 €/mo rent · you top up ~ 388 €/mo
median 4,200 €/m² for comparable properties
Rent covers ~ 33% of the payment
~ 660 €/mo rent · you top up ~ 1,359 €/mo
median 4,162 €/m² for comparable properties
Rent covers ~ 49% of the payment
~ 914 €/mo rent · you top up ~ 949 €/mo
median 4,162 €/m² for comparable properties
Rent covers ~ 37% of the payment
~ 914 €/mo rent · you top up ~ 1,526 €/mo
median 4,247 €/m² for comparable properties
Rent covers ~ 100% of the payment
~ 2,274 €/mo rent · pays for itself in ~ 19 yrs