At market level
median 4,601 €/m² for comparable properties
850,000 € 4,913 €/m²
Rent covers ~ 58% of the payment
~ 2,185 €/mo rent · you top up ~ 1,586 €/mo
Sale670,000 €5,114 €/m²
Expected rent1,141 € /mo
~121,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Izgrev (26 properties)
Area
131 m²
Floor
16 / 20
Construction
Brick
Heating
District Heating
Yield analysis
Low investment rating
Monthly payment2,973 €20% down payment · 20 yrs · 3%
Expected rent1,141 €at market conditions for the neighbourhood
The rent covers 38% of the payment — you top up about 1,832 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 49 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 121,000 € above the typical price (the median) for 3-room apartments in Izgrev (26 properties) — 5,114 €/m² against 4,189 €/m².
The presented property is a three-room apartment located on the 16th floor of the residential building 'Diamant 1' in the Izgrev district of Sofia. The layout includes a living room with a kitchenette, two bedrooms, a bathroom, a toilet, a walk-in closet, an entrance hall, and a loggia, providing functional use of the space. The building is brick with an elevator, district heating (TETS), and installed air conditioners, and the common areas are well maintained. The location is in an urban area with convenient access to the central part of Sofia and offers a city view. The property is suitable for living in an urban environment with the option to purchase a garage with direct heated access to the apartment.
With 20% down over 20 years the monthly mortgage payment is about 2,973 €, against an expected local rent of 1,141 €. The rent covers 38% of it.
Pros and cons
AI summaryPros
- functional layout
- city view
- elevator
- district heating
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room
- bedroom
- bedroom
Amenities
- Elevator
- With Parking
- Video Surveillance
- Security
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
+12% above market
median 4,904 €/m² for comparable properties
330,000 € 5,500 €/m²
Rent covers ~ 56% of the payment
~ 825 €/mo rent · you top up ~ 639 €/mo
−13% below market
median 4,500 €/m² for comparable properties
719,000 € 3,928 €/m²
Rent covers ~ 36% of the payment
~ 1,164 €/mo rent · you top up ~ 2,026 €/mo
+19% above market
median 4,189 €/m² for comparable properties
650,000 € 5,000 €/m²
Rent covers ~ 40% of the payment
~ 1,141 €/mo rent · you top up ~ 1,743 €/mo
−8% below market
median 4,189 €/m² for comparable properties
335,000 € 3,850 €/m²
Rent covers ~ 77% of the payment
~ 1,141 €/mo rent · you top up ~ 345 €/mo
−35% below market
median 4,601 €/m² for comparable properties
330,000 € 3,000 €/m²
Rent covers ~ 149% of the payment
~ 2,185 €/mo rent · pays for itself in ~ 13 yrs
At market level
median 4,601 €/m² for comparable properties
1,200,000 € 4,897 €/m²
Rent covers ~ 41% of the payment
~ 2,185 €/mo rent · you top up ~ 3,139 €/mo
−13% below market
median 4,601 €/m² for comparable properties
1,200,000 € 4,000 €/m²
Rent covers ~ 41% of the payment
~ 2,185 €/mo rent · you top up ~ 3,139 €/mo