median 2,400 €/m² for comparable properties
Rent covers ~ 105% of the payment
~ 626 €/mo rent · pays for itself in ~ 18 yrs
~36,000 € ABOVE MARKET
above market
against the median for 3-room apartments in Ovcha Kupel (478 properties)
Low investment rating
The rent covers 67% of the payment — you top up about 393 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 28 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 36,000 € above the typical price (the median) for 3-room apartments in Ovcha Kupel (478 properties) — 2,548 €/m² against 2,203 €/m².
The offered three-room apartment is part of a new brick building, constructed in 2023 in the Ovcha kupel district of Sofia. It is located on the second floor of six, with a total area of 104 sq m. The apartment features a functional layout – entrance hall, living room with kitchenette, two bedrooms, bathroom with toilet, separate toilet, and south-facing balcony. Heating is gas with the option for air conditioning installation. The building has a monolithic reinforced concrete structure, compliant with seismic requirements, using quality materials such as Wienerberger ceramic bricks and German five-chamber PVC windows with triple glazing. The common areas are luxuriously finished with restricted access, and for convenience there are two elevators. The location is close to two metro stations and NBU, providing good urban infrastructure and transport options.
With 20% down over 20 years the monthly mortgage payment is about 1,176 €, against an expected local rent of 783 €. The rent covers 67% of it.
Source: Market statistics for 3-room apartments in Ovcha Kupel
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median 2,400 €/m² for comparable properties
Rent covers ~ 105% of the payment
~ 626 €/mo rent · pays for itself in ~ 18 yrs
median 2,203 €/m² for comparable properties
Rent covers ~ 89% of the payment
~ 783 €/mo rent · you top up ~ 93 €/mo
median 2,203 €/m² for comparable properties
Rent covers ~ 75% of the payment
~ 783 €/mo rent · you top up ~ 262 €/mo
median 2,143 €/m² for comparable properties
Rent covers ~ 62% of the payment
~ 665 €/mo rent · you top up ~ 408 €/mo
median 2,400 €/m² for comparable properties
Rent covers ~ 70% of the payment
~ 626 €/mo rent · you top up ~ 272 €/mo
median 2,203 €/m² for comparable properties
Rent covers ~ 81% of the payment
~ 783 €/mo rent · you top up ~ 184 €/mo
median 2,203 €/m² for comparable properties
Rent covers ~ 74% of the payment
~ 783 €/mo rent · you top up ~ 282 €/mo
median 2,203 €/m² for comparable properties
Rent covers ~ 82% of the payment
~ 783 €/mo rent · you top up ~ 173 €/mo