median 3,069 €/m² for comparable properties
Rent covers ~ 58% of the payment
~ 620 €/mo rent · you top up ~ 445 €/mo
~34,000 € ABOVE MARKET
above market
against the median for 3-room apartments in Mladost 1 (96 properties)
Fair investment rating
The rent covers 76% of the payment — you top up about 253 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 25 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 34,000 € above the typical price (the median) for 3-room apartments in Mladost 1 (96 properties) — 3,102 €/m² against 2,664 €/m².
Apartment with three rooms in the Mladost 1 residential complex, Sofia city. The property is located on the 6th floor of a total of 8 in a prefab panel building from 1970.
The layout includes a large corridor, living room, kitchen, two bedrooms, bathroom, toilet and two balconies with southeast/southwest aspect. The area according to the notary deed is 77 sq m.
The building has an elevator and maintained common areas, and the apartment needs renovation. Internet, video surveillance and access control are available.
The area is well connected with proximity to public transport stops, kindergartens, schools and Mladost 1 metro station within walking distance.
The property is suitable for people looking for a home with a good location and the possibility to renovate according to personal preferences.
With 20% down over 20 years the monthly mortgage payment is about 1,060 €, against an expected local rent of 807 €. The rent covers 76% of it.
Source: Market statistics for 3-room apartments in Mladost 1
Derived from this specific property's data — not a generic checklist. Take them with you.
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.
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 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 3,069 €/m² for comparable properties
Rent covers ~ 58% of the payment
~ 620 €/mo rent · you top up ~ 445 €/mo
median 3,069 €/m² for comparable properties
Rent covers ~ 64% of the payment
~ 620 €/mo rent · you top up ~ 352 €/mo
median 2,664 €/m² for comparable properties
Rent covers ~ 73% of the payment
~ 807 €/mo rent · you top up ~ 300 €/mo
median 2,664 €/m² for comparable properties
Rent covers ~ 95% of the payment
~ 807 €/mo rent · you top up ~ 45 €/mo
median 2,664 €/m² for comparable properties
Rent covers ~ 45% of the payment
~ 807 €/mo rent · you top up ~ 968 €/mo
median 3,069 €/m² for comparable properties
Rent covers ~ 49% of the payment
~ 620 €/mo rent · you top up ~ 651 €/mo
median 2,870 €/m² for comparable properties
Rent covers ~ 213% of the payment
~ 709 €/mo rent · pays for itself in ~ 9 yrs
median 3,069 €/m² for comparable properties
Rent covers ~ 61% of the payment
~ 620 €/mo rent · you top up ~ 396 €/mo