median 2,106 €/m² for comparable properties
Rent covers ~ 100% of the payment
~ 534 €/mo rent · pays for itself in ~ 19 yrs
~46,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Nadejda 3 (36 properties)
Low investment rating
The rent covers 53% of the payment — you top up about 475 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 36 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 46,000 € above the typical price (the median) for 3-room apartments in Nadejda 3 (36 properties) — 2,645 €/m² against 2,109 €/m².
Three-room apartment in the Nadezhda 3 residential complex, Sofia, located on the 6th floor of 8 in a prefab panel building from 1970.
The layout includes a bright living room, separate kitchen with dining area, children's room, separate bedroom, bathroom, toilet, laundry room and storage room. There are two terraces, one of which is glazed.
The building is prefab panel with an elevator and well-maintained common areas, with available parking and internet.
The location is convenient, close to Beli Dunav metro station, 8th DCC and Kaufland store, with easy access to public transport and schools.
The property is suitable for family living with a functional layout and good infrastructure.
With 20% down over 20 years the monthly mortgage payment is about 1,009 €, against an expected local rent of 534 €. The rent covers 53% of it.
The asking price has fallen by 10,000 € (4.2%) since it was first listed.
Source: Market statistics for 3-room apartments in Nadejda 3
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Derived from this specific property's data — not a generic checklist. Take them with you.
Is there still room to negotiate, and why has it not sold yet?
Because: The price has been cut 2 times — about 4% below the original asking price.
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 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.
median 2,106 €/m² for comparable properties
Rent covers ~ 100% of the payment
~ 534 €/mo rent · pays for itself in ~ 19 yrs
median 2,316 €/m² for comparable properties
Rent covers ~ 68% of the payment
~ 595 €/mo rent · you top up ~ 283 €/mo
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Rent covers ~ 93% of the payment
~ 577 €/mo rent · you top up ~ 44 €/mo
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Rent covers ~ 62% of the payment
~ 737 €/mo rent · you top up ~ 460 €/mo
median 2,045 €/m² for comparable properties
Rent covers ~ 59% of the payment
~ 577 €/mo rent · you top up ~ 399 €/mo
median 2,109 €/m² for comparable properties
Rent covers ~ 62% of the payment
~ 534 €/mo rent · you top up ~ 331 €/mo
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Rent covers ~ 71% of the payment
~ 534 €/mo rent · you top up ~ 220 €/mo
median 2,045 €/m² for comparable properties
Rent covers ~ 72% of the payment
~ 577 €/mo rent · you top up ~ 220 €/mo