median 1,686 €/m² for comparable properties
Rent covers ~ 139% of the payment
~ 852 €/mo rent · pays for itself in ~ 13 yrs
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Obelya 1 (55 properties)
Good investment rating
The rent covers 120% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 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 Obelya 1 (55 properties) — 1,839 €/m² against 1,993 €/m².
Three-room apartment with an area of 87 sq m, located on the first floor of a prefab panel block in Obelya 1, Sofia.
The layout includes a corridor, two bedrooms, a living room, kitchen with separate dining area, bathroom with toilet and an additional sanitary unit, as well as two terraces, providing functional use of the space.
The building is prefab panel from 1980, with an elevator and access control. The apartment is furnished and maintained, requiring no major renovation.
The location offers amenities such as shops, schools, kindergartens, public transport stops and a metro station about 600 meters away.
The property is suitable for families or individuals looking for a home with a convenient location and the possibility for refreshing without significant investment.
With 20% down over 20 years the monthly mortgage payment is about 710 €, against an expected local rent of 852 €. The rent covers the whole payment (120%).
This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 47 days.
Derived from this specific property's data — not a generic checklist. Take them with you.
Who am I negotiating with, and who is authorised to agree a price?
Because: The property appears in 2 listings at the same 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 1980 — about 46 years old.
Is there damp, is there enough daylight, and what is the noise like?
Because: The property is on the first floor.
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 1,686 €/m² for comparable properties
Rent covers ~ 139% of the payment
~ 852 €/mo rent · pays for itself in ~ 13 yrs
median 1,686 €/m² for comparable properties
Rent covers ~ 126% of the payment
~ 852 €/mo rent · pays for itself in ~ 15 yrs
median 1,993 €/m² for comparable properties
Rent covers ~ 120% of the payment
~ 852 €/mo rent · pays for itself in ~ 16 yrs
median 1,993 €/m² for comparable properties
Rent covers ~ 94% of the payment
~ 852 €/mo rent · you top up ~ 54 €/mo
median 1,993 €/m² for comparable properties
Rent covers ~ 85% of the payment
~ 852 €/mo rent · you top up ~ 147 €/mo
median 1,686 €/m² for comparable properties
Rent covers ~ 154% of the payment
~ 852 €/mo rent · pays for itself in ~ 12 yrs
median 1,993 €/m² for comparable properties
Rent covers ~ 120% of the payment
~ 852 €/mo rent · pays for itself in ~ 16 yrs
median 1,993 €/m² for comparable properties
Rent covers ~ 96% of the payment
~ 852 €/mo rent · you top up ~ 38 €/mo