−14% below market
median 4,000 €/m² for comparable properties
179,900 € 3,459 €/m²
Rent covers ~ 95% of the payment
~ 761 €/mo rent · you top up ~ 37 €/mo
Sale250,000 €3,571 €/m²
Expected rent935 € /mo
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Oborishte (182 properties)
Area
70 m²
Floor
2 / 3
Construction
Brick
Year
1930
Heating
Local Heating
Yield analysis
Fair investment rating
Monthly payment1,109 €20% down payment · 20 yrs · 3%
Expected rent935 €at market conditions for the neighbourhood
The rent covers 84% of the payment — you top up about 174 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Property analysis
This apartment is priced at the typical price (the median) for 3-room apartments in Oborishte (182 properties) — 3,571 €/m² against 3,571 €/m².
Apartment with three rooms in the Oborishte district, Sofia, located on the second floor of a three-storey brick building from 1930. The property has an area of 70 sq m and includes additional spaces such as a basement and attic.
The layout is classic – entrance hall, central foyer, large living room, separate bedroom, separate kitchen with dining area, bathroom and toilet, as well as a balcony overlooking the inner courtyard. High ceilings and thick walls provide good sound and thermal insulation.
The building is a solid brick construction with Prussian vaults, ensuring strength and stability. The apartment is in good condition and operates as a short-term rental business.
The location is central, close to key city landmarks such as the Levski monument, metro station, and schools. The surroundings offer conveniences for daily life and access to cultural attractions.
The property is suitable both for living and for investment with the possibility to continue the current business model.
With 20% down over 20 years the monthly mortgage payment is about 1,109 €, against an expected local rent of 935 €. The rent covers 84% of it.
Source: Market statistics for 3-room apartments in Oborishte
Pros and cons
AI summaryPros
- functional layout
- central location
- additional spaces
- quality construction
Cons
- old building
- second floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1930 — about 96 years old.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Amenities
- Active Business
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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