median 1,891 €/m² for comparable properties
Rent covers ~ 86% of the payment
~ 543 €/mo rent · you top up ~ 87 €/mo
~22,000 € BELOW MARKET
good value
against the median for 3-room apartments in Obelya 2 (72 properties)
Fair investment rating
The rent covers 81% of the payment — you top up about 124 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 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 22,000 € below the typical price (the median) for 3-room apartments in Obelya 2 (72 properties) — 1,665 €/m² against 1,908 €/m².
The apartment is located in the Obelya 2 residential complex, Sofia. It features a functional layout of 90 sq m, including a living room, separate kitchen, two bedrooms, bathroom, toilet, and terrace. The property is on the first floor of a prefab panel building with an elevator and offers parking, internet, video surveillance, and access control. The building dates from 1970, is maintained, but the apartment requires full renovation. The location is convenient, with quick access to the metro and city infrastructure. The property is suitable for a family seeking a functional home with renovation potential.
With 20% down over 20 years the monthly mortgage payment is about 665 €, against an expected local rent of 541 €. The rent covers 81% of it.
The asking price has fallen by 2,000 € (1.3%) since it was first listed.
Derived 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 13% below the average for comparable properties.
Is there still room to negotiate, and why has it not sold yet?
Because: The price has been cut 3 times — about 1% 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.
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 1,891 €/m² for comparable properties
Rent covers ~ 86% of the payment
~ 543 €/mo rent · you top up ~ 87 €/mo
median 1,908 €/m² for comparable properties
Rent covers ~ 82% of the payment
~ 541 €/mo rent · you top up ~ 119 €/mo
median 1,891 €/m² for comparable properties
Rent covers ~ 103% of the payment
~ 543 €/mo rent · pays for itself in ~ 18 yrs
median 1,891 €/m² for comparable properties
Rent covers ~ 91% of the payment
~ 543 €/mo rent · you top up ~ 56 €/mo
median 1,891 €/m² for comparable properties
Rent covers ~ 94% of the payment
~ 543 €/mo rent · you top up ~ 34 €/mo
median 1,908 €/m² for comparable properties
Rent covers ~ 57% of the payment
~ 541 €/mo rent · you top up ~ 413 €/mo
median 1,891 €/m² for comparable properties
Rent covers ~ 91% of the payment
~ 543 €/mo rent · you top up ~ 56 €/mo
median 1,891 €/m² for comparable properties
Rent covers ~ 87% of the payment
~ 543 €/mo rent · you top up ~ 78 €/mo