median 2,298 €/m² for comparable properties
Rent covers ~ 75% of the payment
~ 600 €/mo rent · you top up ~ 199 €/mo
~30,000 € BELOW MARKET
good value
against the median for 3-room apartments in Nadejda 2 (68 properties)
Fair investment rating
The rent covers 89% of the payment — you top up about 88 €/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 30,000 € below the typical price (the median) for 3-room apartments in Nadejda 2 (68 properties) — 2,033 €/m² against 2,366 €/m².
Apartment with three rooms in the district of Nadezhda 2, Sofia, located on the 6th floor of 8 in a prefab panel building.
Layout includes an entrance hall, storage/laundry room, living room, dining area with kitchenette, two bedrooms, bathroom with toilet, and two terraces with a total area of about 12 sq m.
The building was constructed from brick in 1970, equipped with an elevator and video surveillance; the apartment has replaced window frames and a suspended ceiling but needs renovation.
The location is convenient with quick access to two metro stations, shops, schools, and green areas around the building.
The property offers a functional layout and potential for modern refurbishment, suitable for urban living with nearby amenities.
With 20% down over 20 years the monthly mortgage payment is about 812 €, against an expected local rent of 724 €. The rent covers 89% of it.
This property is advertised in 4 offers, all from the same agency. All offers are at the same price. It has been listed for 28 days.
Source: Market statistics for 3-room apartments in Nadejda 2
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 14% below the average for comparable properties.
Who am I negotiating with, and who is authorised to agree a price?
Because: The property appears in 4 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 2,298 €/m² for comparable properties
Rent covers ~ 75% of the payment
~ 600 €/mo rent · you top up ~ 199 €/mo
median 2,439 €/m² for comparable properties
Rent covers ~ 81% of the payment
~ 737 €/mo rent · you top up ~ 173 €/mo
median 2,439 €/m² for comparable properties
Rent covers ~ 63% of the payment
~ 737 €/mo rent · you top up ~ 439 €/mo
median 2,439 €/m² for comparable properties
Rent covers ~ 84% of the payment
~ 737 €/mo rent · you top up ~ 138 €/mo
median 2,298 €/m² for comparable properties
Rent covers ~ 83% of the payment
~ 600 €/mo rent · you top up ~ 122 €/mo
median 2,439 €/m² for comparable properties
Rent covers ~ 95% of the payment
~ 737 €/mo rent · you top up ~ 39 €/mo
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Rent covers ~ 137% of the payment
~ 651 €/mo rent · pays for itself in ~ 14 yrs
median 2,298 €/m² for comparable properties
Rent covers ~ 84% of the payment
~ 600 €/mo rent · you top up ~ 118 €/mo