median 2,659 €/m² for comparable properties
Rent covers ~ 132% of the payment
~ 613 €/mo rent · pays for itself in ~ 14 yrs
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Nadejda 1 (67 properties)
Fair investment rating
The rent covers 84% of the payment — you top up about 141 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 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 at the typical price (the median) for 3-room apartments in Nadejda 1 (67 properties) — 2,215 €/m² against 2,368 €/m².
Apartment with three rooms in the Nadezhda 1 residential complex, Sofia, located on the 5th floor of an eight-storey prefab panel building.
Layout: non-walk-through, with a living room, separate kitchen, two bedrooms, bathroom with toilet, separate toilet and two large terraces.
The building is prefab panel from 1980, equipped with an elevator and access control; the apartment needs renovation and has replaced window frames.
The location is convenient, close to schools, a polyclinic, shops and public transport stops.
The property is suitable for family living with a functional layout and the possibility for renovation according to personal preferences.
With 20% down over 20 years the monthly mortgage payment is about 865 €, against an expected local rent of 724 €. The rent covers 84% of it.
Source: Market statistics for 3-room apartments in Nadejda 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 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 2,659 €/m² for comparable properties
Rent covers ~ 132% of the payment
~ 613 €/mo rent · pays for itself in ~ 14 yrs
median 2,368 €/m² for comparable properties
Rent covers ~ 78% of the payment
~ 724 €/mo rent · you top up ~ 208 €/mo
median 2,368 €/m² for comparable properties
Rent covers ~ 67% of the payment
~ 724 €/mo rent · you top up ~ 352 €/mo
median 2,500 €/m² for comparable properties
Rent covers ~ 110% of the payment
~ 609 €/mo rent · pays for itself in ~ 17 yrs
median 2,500 €/m² for comparable properties
Rent covers ~ 86% of the payment
~ 609 €/mo rent · you top up ~ 101 €/mo
median 2,500 €/m² for comparable properties
Rent covers ~ 86% of the payment
~ 609 €/mo rent · you top up ~ 101 €/mo
median 2,500 €/m² for comparable properties
Rent covers ~ 94% of the payment
~ 609 €/mo rent · you top up ~ 36 €/mo
median 2,368 €/m² for comparable properties
Rent covers ~ 38% of the payment
~ 724 €/mo rent · you top up ~ 1,194 €/mo