median 2,333 €/m² for comparable properties
Rent covers ~ 134% of the payment
~ 1,065 €/mo rent · pays for itself in ~ 14 yrs
~38,500 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Ovcha Kupel (165 properties)
Low investment rating
The rent covers 71% of the payment — you top up about 285 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 27 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 38,500 € above the typical price (the median) for 3-room apartments in Ovcha Kupel (165 properties) — 2,558 €/m² against 2,112 €/m².
The apartment is located in Sofia, Ovcha kupel district, near New Bulgarian University and Miziya metro station.
The layout includes a living room with French windows, two bedrooms, a separate kitchen, a bathroom with toilet, a separate toilet, a laundry room, and two balconies – one enclosed attached to the kitchen and one open attached to the larger bedroom.
The property is in a prefab panel block from 1980, on the 5th floor of 6, with a working elevator and access control. Heating is central, the window frames have been replaced with PVC, and the flooring is natural parquet and terracotta tiles.
The location offers amenities such as shops, pharmacies, restaurants, and a library nearby, as well as easy access to public transport.
The property is suitable for a family looking for a functional layout and conveniences in a well-developed area with potential for light modernization.
With 20% down over 20 years the monthly mortgage payment is about 976 €, against an expected local rent of 691 €. The rent covers 71% of it.
This property is advertised in 3 offers, all from the same agency. All offers are at the same price. It has been listed for 15 days.
Source: Market statistics for 3-room apartments in Ovcha Kupel
Derived from this specific property's data — not a generic checklist. Take them with you.
Who am I negotiating with, and who is authorised to agree a price?
Because: The property appears in 3 listings at the same 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 1980 — about 46 years old.
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 2,333 €/m² for comparable properties
Rent covers ~ 134% of the payment
~ 1,065 €/mo rent · pays for itself in ~ 14 yrs
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median 2,203 €/m² for comparable properties
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