−42% below market
median 3,500 €/m² for comparable properties
245,000 € 2,024 €/m²
Rent covers ~ 101% of the payment
~ 1,095 €/mo rent · pays for itself in ~ 19 yrs
Sale578,000 €4,816 €/m²
Expected rent1,510 € /mo
~166,500 € ABOVE MARKET
overpriced
against the median for 4-room apartments in Centyr (326 properties)
Area
120 m²
Floor
1 / 4
Construction
Brick
Yield analysis
Low investment rating
Monthly payment2,564 €20% down payment · 20 yrs · 3%
Expected rent1,510 €at market conditions for the neighbourhood
The rent covers 59% of the payment — you top up about 1,054 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 32 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 166,500 € above the typical price (the median) for 4-room apartments in Centyr (326 properties) — 4,816 €/m² against 3,429 €/m².
The apartment is located in the center of Sofia, near NDK, in a representative brick building from the 1930s. The property includes two apartments with a total area of about 120 sq m, suitable for both residential and business use.
The layout consists of two separate apartments – one on a high ground floor with three rooms and a bathroom, and one on a semi-basement with three rooms and a bathroom, each with its own entrance from the courtyard. This provides flexibility for use or rental.
The building is brick, with well-maintained common areas and facade, and the properties include a basement and ideal parts of the land. The presence of a restaurant permit and an established tenant guarantees stable income.
The location is in the heart of the city, close to key cultural and administrative sites, making the property suitable both for investment and personal use with good transport accessibility.
The property is suitable for investors or buyers seeking functional layout and versatile use in a central urban environment.
With 20% down over 20 years the monthly mortgage payment is about 2,564 €, against an expected local rent of 1,510 €. The rent covers 59% of it.
Pros and cons
AI summaryPros
- functional layout
- private entrance
- near NDK
- stable income
Cons
- ground floor
- semi-basement
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Is there damp, is there enough daylight, and what is the noise like?
Because: The property is on the first floor.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- entrance hall
- room
- room
- room
- bathroom
- entrance hall
- room
- room
- room
- bathroom
Details
- Category
- Residential
- Rooms
- 4
- Bathrooms
- 2
Location
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