median 1,676 €/m² for comparable properties
Rent covers ~ 152% of the payment
~ 843 €/mo rent · pays for itself in ~ 12 yrs
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Obelya 1 (50 properties)
Fair investment rating
The rent covers 106% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 18 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 (50 properties) — 1,976 €/m² against 1,977 €/m².
Three-room apartment in Sofia, district Obelya 1, located on the second floor of a four-storey building.
The property offers a functional layout with an entrance hall, spacious living room with kitchen area, two separate bedrooms, bathroom with toilet, and laundry room.
The building is brick, built in 2014, with an elevator and parking space available, and the apartment is in plaster and screed condition, allowing for finishing according to personal taste.
The location is well connected, close to Obelya metro station and public transport stops, as well as shops and other daily conveniences.
Suitable property both for living and investment, combining convenience and the possibility for customization.
With 20% down over 20 years the monthly mortgage payment is about 798 €, against an expected local rent of 843 €. The rent covers the whole payment (106%).
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,676 €/m² for comparable properties
Rent covers ~ 152% of the payment
~ 843 €/mo rent · pays for itself in ~ 12 yrs
median 1,676 €/m² for comparable properties
Rent covers ~ 133% of the payment
~ 843 €/mo rent · pays for itself in ~ 14 yrs
median 1,977 €/m² for comparable properties
Rent covers ~ 115% of the payment
~ 843 €/mo rent · pays for itself in ~ 16 yrs
median 1,977 €/m² for comparable properties
Rent covers ~ 93% of the payment
~ 843 €/mo rent · you top up ~ 63 €/mo
median 1,977 €/m² for comparable properties
Rent covers ~ 84% of the payment
~ 843 €/mo rent · you top up ~ 156 €/mo
median 1,977 €/m² for comparable properties
Rent covers ~ 95% of the payment
~ 843 €/mo rent · you top up ~ 47 €/mo
median 1,977 €/m² for comparable properties
Rent covers ~ 95% of the payment
~ 843 €/mo rent · you top up ~ 42 €/mo
median 1,977 €/m² for comparable properties
Rent covers ~ 88% of the payment
~ 843 €/mo rent · you top up ~ 115 €/mo