+18% above market
median 2,716 €/m² for comparable properties
224,000 € 3,200 €/m²
Rent covers ~ 69% of the payment
~ 682 €/mo rent · you top up ~ 312 €/mo
Sale165,000 €2,578 €/m²
Expected rent977 € /mo
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Mladost 2 (76 properties)
Area
64 m²
Floor
3 / 8
Construction
Panel
Heating
District Heating
Yield analysis
Good investment rating
Monthly payment732 €20% down payment · 20 yrs · 3%
Expected rent977 €at market conditions for the neighbourhood
The rent covers 133% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 14 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 at the typical price (the median) for 3-room apartments in Mladost 2 (76 properties) — 2,578 €/m² against 2,500 €/m².
Apartment with an area of 64 sq m, located on the 3rd floor in a prefab panel block in Mladost 2, Sofia.
Layout: two-room with potential to convert into a three-room, allowing better use of space.
The building is prefab panel construction with an elevator and access control, and the apartment is in need of renovation.
The location is convenient, about 500 m from Balan metro station, with easy access to public transport, schools, and shops.
Suitable for family living or investment with potential for improvement and value increase.
With 20% down over 20 years the monthly mortgage payment is about 732 €, against an expected local rent of 977 €. The rent covers the whole payment (133%).
Source: Market statistics for 3-room apartments in Mladost 2
Pros and cons
AI summaryPros
- functional layout
- close to metro
- elevator
- access control
Cons
- needs renovation
Questions for the viewing
Only on imotesaDerived 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.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- bedroom 64 sq m
Amenities
- Elevator
- With Parking
- Access Control
- Needs Renovation
Details
- Category
- Residential
- Rooms
- 3
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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