median 2,371 €/m² for comparable properties
Rent covers ~ 37% of the payment
~ 613 €/mo rent · you top up ~ 1,029 €/mo
~35,500 € BELOW MARKET
good value
against the median for 3-room apartments in Nadejda 1 (68 properties)
Fair investment rating
The rent covers 91% of the payment — you top up about 75 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 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 35,500 € below the typical price (the median) for 3-room apartments in Nadejda 1 (68 properties) — 1,977 €/m² against 2,366 €/m².
Apartment with three rooms, converted into four, located in the district of Nadezhda 1 in Sofia.
The layout includes an entrance hall, living room with kitchenette, three bedrooms and two terraces attached to them. There is a bathroom with toilet, separate toilet and laundry room.
The building is prefab panel, on the top floor (9/9), with replaced PVC windows and in need of updating renovation. The common areas are well maintained and there is controlled access.
The location is convenient, close to Nadezhda metro station, schools, kindergartens, supermarkets and public transport.
The property is suitable for families looking for functional layout and amenities in an urban environment with potential for renovation.
With 20% down over 20 years the monthly mortgage payment is about 799 €, against an expected local rent of 724 €. The rent covers 91% of it.
This property is advertised in 2 offers, all from the same agency. The gap between the cheapest and the dearest is 10,000 €. It has been listed for 54 days.
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.
Which price is the real one, and who am I negotiating with?
Because: The property appears in 2 listings, and the prices differ by about 5%.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 17% below the average for comparable properties.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
Is there a lift in the building, and what condition is it in?
Because: The property is on floor 9 and the listing does not mention a lift.
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 2,371 €/m² for comparable properties
Rent covers ~ 37% of the payment
~ 613 €/mo rent · you top up ~ 1,029 €/mo
median 2,500 €/m² for comparable properties
Rent covers ~ 53% of the payment
~ 609 €/mo rent · you top up ~ 545 €/mo
median 2,500 €/m² for comparable properties
Rent covers ~ 95% of the payment
~ 609 €/mo rent · you top up ~ 34 €/mo
median 2,366 €/m² for comparable properties
Rent covers ~ 73% of the payment
~ 724 €/mo rent · you top up ~ 270 €/mo
median 2,295 €/m² for comparable properties
Rent covers ~ 55% of the payment
~ 595 €/mo rent · you top up ~ 479 €/mo
median 2,366 €/m² for comparable properties
Rent covers ~ 87% of the payment
~ 724 €/mo rent · you top up ~ 110 €/mo
median 2,659 €/m² for comparable properties
Rent covers ~ 132% of the payment
~ 613 €/mo rent · pays for itself in ~ 14 yrs
median 2,366 €/m² for comparable properties
Rent covers ~ 78% of the payment
~ 724 €/mo rent · you top up ~ 208 €/mo