median 4,262 €/m² for comparable properties
Rent covers ~ 40% of the payment
~ 1,282 €/mo rent · you top up ~ 1,908 €/mo
~82,000 € BELOW MARKET
good value
against the median for 3-room apartments in Izgrev (29 properties)
Fair investment rating
The rent covers 100% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 19 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 82,000 € below the typical price (the median) for 3-room apartments in Izgrev (29 properties) — 3,055 €/m² against 3,966 €/m².
Apartment with three rooms in the Izgrev district, Sofia, on Elemag St. It is located on the 2nd floor of an 18-storey building with an elevator.
The property has a layout consisting of an entrance hall, living room, corridor, bedroom, kitchen with walk-through dining room, bathroom, WC, laundry room and two balconies. The area according to the deed is 90 sq m, plus a basement of 3.5 sq m.
The building was constructed in 1970, with an EPK prefab structure and features an elevator, video surveillance and access control. The apartment is partially renovated but requires additional repair work.
The location is in a well-developed area with convenient access to urban infrastructure and parking options in the building.
Suitable for buyers looking for a spacious property with potential for redevelopment in a central urban environment.
With 20% down over 20 years the monthly mortgage payment is about 1,220 €, against an expected local rent of 1,225 €. The rent covers the whole payment (100%).
This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 14 days.
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 23% below the average for comparable properties.
Who am I negotiating with, and who is authorised to agree a price?
Because: The property appears in 2 listings at the same price.
What is the scope of the work, and are there hidden problems with the wiring or plumbing?
Because: The listing states that the property needs renovation.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1970 — about 56 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 4,262 €/m² for comparable properties
Rent covers ~ 40% of the payment
~ 1,282 €/mo rent · you top up ~ 1,908 €/mo
median 3,966 €/m² for comparable properties
Rent covers ~ 42% of the payment
~ 1,225 €/mo rent · you top up ~ 1,659 €/mo
median 3,966 €/m² for comparable properties
Rent covers ~ 38% of the payment
~ 1,225 €/mo rent · you top up ~ 2,014 €/mo
median 4,083 €/m² for comparable properties
Rent covers ~ 61% of the payment
~ 1,136 €/mo rent · you top up ~ 727 €/mo
median 3,966 €/m² for comparable properties
Rent covers ~ 74% of the payment
~ 1,225 €/mo rent · you top up ~ 439 €/mo
median 4,601 €/m² for comparable properties
Rent covers ~ 98% of the payment
~ 2,185 €/mo rent · you top up ~ 56 €/mo
median 4,601 €/m² for comparable properties
Rent covers ~ 62% of the payment
~ 2,185 €/mo rent · you top up ~ 1,342 €/mo
median 3,966 €/m² for comparable properties
Rent covers ~ 78% of the payment
~ 1,225 €/mo rent · you top up ~ 341 €/mo