median 2,567 €/m² for comparable properties
Rent covers ~ 106% of the payment
~ 2,125 €/mo rent · pays for itself in ~ 18 yrs
~30,000 € ABOVE MARKET
above market
against the median for 3-room apartments in Simeonovo (63 properties)
Fair investment rating
The rent covers 76% of the payment — you top up about 348 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 25 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 30,000 € above the typical price (the median) for 3-room apartments in Simeonovo (63 properties) — 3,298 €/m² against 2,991 €/m².
The offered property is a three-room apartment with an area of 97 sq m, located in Simeonovo, Sofia. The layout includes an entrance hall, living room with dining area and kitchenette with access to the terrace, two bedrooms with balconies, bathroom with toilet and separate toilet. The apartment has a southeast aspect, providing good natural light. The building was constructed in 2006 with brick construction and is in good condition, equipped with an elevator and gas heating, as well as air conditioning. The complex is gated with controlled access and includes a children's playground, located in a communicative area with easy access to Simeonovsko Shose Blvd and the Ring Road, as well as proximity to public transport and a shopping center. The property is suitable for family living with amenities and security in a gated environment.
With 20% down over 20 years the monthly mortgage payment is about 1,420 €, against an expected local rent of 1,072 €. The rent covers 76% of it.
Source: Market statistics for 3-room apartments in Simeonovo
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 2,567 €/m² for comparable properties
Rent covers ~ 106% of the payment
~ 2,125 €/mo rent · pays for itself in ~ 18 yrs
median 2,567 €/m² for comparable properties
Rent covers ~ 93% of the payment
~ 2,125 €/mo rent · you top up ~ 172 €/mo
median 2,991 €/m² for comparable properties
Rent covers ~ 61% of the payment
~ 1,072 €/mo rent · you top up ~ 695 €/mo
median 2,803 €/m² for comparable properties
Rent covers ~ 162% of the payment
~ 1,151 €/mo rent · pays for itself in ~ 12 yrs
median 2,569 €/m² for comparable properties
Rent covers ~ 96% of the payment
~ 755 €/mo rent · you top up ~ 33 €/mo
median 2,569 €/m² for comparable properties
Rent covers ~ 106% of the payment
~ 755 €/mo rent · pays for itself in ~ 18 yrs
median 2,567 €/m² for comparable properties
Rent covers ~ 126% of the payment
~ 2,125 €/mo rent · pays for itself in ~ 15 yrs
median 2,567 €/m² for comparable properties
Rent covers ~ 118% of the payment
~ 2,125 €/mo rent · pays for itself in ~ 16 yrs