+32% above market
median 2,106 €/m² for comparable properties
119,900 € 2,788 €/m²
Rent covers ~ 103% of the payment
~ 547 €/mo rent · pays for itself in ~ 18 yrs
Sale183,000 €1,794 €/m²
Expected rent547 € /mo
~32,000 € BELOW MARKET
good value
against the median for 3-room apartments in Nadejda 3 (36 properties)
Area
102 m²
Floor
6 / 8
Construction
Panel
Year
1980
Heating
District Heating
Yield analysis
Low investment rating
Monthly payment812 €20% down payment · 20 yrs · 3%
Expected rent547 €at market conditions for the neighbourhood
The rent covers 67% of the payment — you top up about 265 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 28 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 about 32,000 € below the typical price (the median) for 3-room apartments in Nadejda 3 (36 properties) — 1,794 €/m² against 2,109 €/m².
Three-room apartment in Sofia, Nadezhda 3 district, located on the 6th floor of 8 in a prefab panel building. The property has a total area of about 102 sq m, including two terraces and a basement.
With 20% down over 20 years the monthly mortgage payment is about 812 €, against an expected local rent of 547 €. The rent covers 67% of it.
Source: Market statistics for 3-room apartments in Nadejda 3
Pros and cons
AI summaryPros
- functional layout
- two terraces
- close to metro
- elevator
Cons
- prefab panel construction
- sixth floor
Questions for the viewing
Only on imotesaDerived 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 15% 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.
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.
Layout
- entrance hall
- storage
- living room
- dining room
- kitchenette
- bedroom
- bedroom
- bathroom
Amenities
- Elevator
- Video Surveillance
- Access Control
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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