+46% above market
median 2,399 €/m² for comparable properties
220,000 € 3,492 €/m²
Rent covers ~ 64% of the payment
~ 627 €/mo rent · you top up ~ 349 €/mo
Sale172,000 €1,829 €/m²
Expected rent775 € /mo
~35,000 € BELOW MARKET
good value
against the median for 3-room apartments in Ovcha Kupel (480 properties)
Area
94 m²
Construction
Brick
Yield analysis
Fair investment rating
Monthly payment763 €20% down payment · 20 yrs · 3%
Expected rent775 €at market conditions for the neighbourhood
The rent covers 102% 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.
Property analysis
This apartment is priced about 35,000 € below the typical price (the median) for 3-room apartments in Ovcha Kupel (480 properties) — 1,829 €/m² against 2,203 €/m².
The apartment is located in the district of Ovcha kupel, Sofia, on the fourth floor of a new residential building.
The layout includes a spacious entrance hall, living room with kitchenette, two bedrooms, two bathrooms with toilet, and a loggia, with the living room facing south and the bedrooms oriented north.
The building is brick-built and at Act 14 stage with a certificate for completed rough construction from this year; heating is gas-based.
The location is convenient, close to NBU, public transport stops, schools, kindergartens, and a park, providing necessary everyday amenities.
The property is suitable for family use with a balanced layout and good location in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 763 €, against an expected local rent of 775 €. The rent covers the whole payment (102%).
Source: Market statistics for 3-room apartments in Ovcha Kupel
Pros and cons
AI summaryPros
- functional layout
- south aspect
- garage
- close to park
Cons
- unfinished construction
Questions for the viewing
Only on imotesaDerived 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 17% below the average for comparable properties.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- entrance hall
- storage
- living room
- kitchenette
- bedroom
- bedroom
- bathroom
- bathroom
- loggia
Exposure
AI summarySSouth
Maximum sunlight throughout the day
NNorth
Even light, cooler during summer
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
At market level
median 2,399 €/m² for comparable properties
158,800 € 2,443 €/m²
Rent covers ~ 89% of the payment
~ 627 €/mo rent · you top up ~ 78 €/mo
−20% below market
median 2,203 €/m² for comparable properties
172,000 € 1,773 €/m²
Rent covers ~ 102% of the payment
~ 775 €/mo rent · pays for itself in ~ 18 yrs
At market level
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At market level
median 2,399 €/m² for comparable properties
120,700 € 2,235 €/m²
Rent covers ~ 117% of the payment
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