median 1,686 €/m² for comparable properties
Rent covers ~ 125% of the payment
~ 851 €/mo rent · pays for itself in ~ 15 yrs
~17,500 € BELOW MARKET
good value
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 about 17,500 € below the typical price (the median) for 3-room apartments in Obelya 1 (55 properties) — 1,797 €/m² against 1,993 €/m².
Three-room apartment in Obelya 1, Sofia, located on the 7th floor of 10 in a prefab panel building. The property has a floor area of 89 sq m and includes a living room, kitchen with terrace, two bedrooms, corridors, bathroom with toilet, separate toilet and storage room. The apartment is non-walk-through, which improves the functionality of the layout. The building dates from the late 1980s with maintained common areas and an available elevator. Heating is electric. The location is convenient, 3 minutes on foot from the metro station and public transport, close to schools, kindergartens, market and hypermarkets. The property offers quick access to main roads and the Ring Road. Suitable for people seeking convenience and functionality in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 710 €, against an expected local rent of 851 €. The rent covers the whole payment (120%).
Derived from this specific property's data — not a generic checklist. Take them with you.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
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 ~ 125% of the payment
~ 851 €/mo rent · pays for itself in ~ 15 yrs
median 1,993 €/m² for comparable properties
Rent covers ~ 94% of the payment
~ 851 €/mo rent · you top up ~ 55 €/mo
median 1,993 €/m² for comparable properties
Rent covers ~ 85% of the payment
~ 851 €/mo rent · you top up ~ 148 €/mo
median 1,686 €/m² for comparable properties
Rent covers ~ 153% of the payment
~ 851 €/mo rent · pays for itself in ~ 12 yrs
median 1,686 €/m² for comparable properties
Rent covers ~ 139% of the payment
~ 851 €/mo rent · pays for itself in ~ 14 yrs
median 1,993 €/m² for comparable properties
Rent covers ~ 120% of the payment
~ 851 €/mo rent · pays for itself in ~ 16 yrs
median 1,993 €/m² for comparable properties
Rent covers ~ 96% of the payment
~ 851 €/mo rent · you top up ~ 39 €/mo
median 1,993 €/m² for comparable properties
Rent covers ~ 96% of the payment
~ 851 €/mo rent · you top up ~ 34 €/mo