At market level
median 2,366 €/m² for comparable properties
160,000 € 2,500 €/m²
Rent covers ~ 85% of the payment
~ 600 €/mo rent · you top up ~ 110 €/mo
Sale210,000 €1,615 €/m²
Expected rent600 € /mo
~116,000 € BELOW MARKET
good value
against the median for 4-room apartments in Drujba 1 (25 properties)
Area
130 m²
Floor
0 / 6
Construction
EPC
Heating
District Heating
Yield analysis
Low investment rating
Monthly payment932 €20% down payment · 20 yrs · 3%
Expected rent600 €at market conditions for the neighbourhood
The rent covers 64% of the payment — you top up about 332 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 29 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 116,000 € below the typical price (the median) for 4-room apartments in Drujba 1 (25 properties) — 1,615 €/m² against 2,508 €/m².
The apartment is located in the Druzhba 1 district, Sofia, on Tsvetan Lazarov Blvd, with easy access and good visibility.
The layout includes two combined apartments, providing a total area of about 130 sq m and flexibility in room usage.
The building is insulated and renovated, equipped with an elevator, electric roller shutters, and video surveillance, with the property being part of a gated complex with controlled access.
The location is close to a main boulevard and offers conveniences for business or residential use in an urban environment.
The property is suitable both as an office or educational center and as a spacious family home with potential for remodeling.
With 20% down over 20 years the monthly mortgage payment is about 932 €, against an expected local rent of 600 €. The rent covers 64% of it.
Pros and cons
AI summaryPros
- functional layout
- gated complex
- elevator
- close to boulevard
Cons
- ground floor
- needs additional investment
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 36% below the average for comparable properties.
What is the scope of the work, and are there hidden problems with the wiring or plumbing?
Because: The listing states that the property needs renovation.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Amenities
- Elevator
- With Parking
- Mortgaged
- Barter
- Internet Connection
- Active Business
- Video Surveillance
- Access Control
- Security
- Renovated
- Gated Community
- Needs Renovation
- Tax Credit Option
Details
- Category
- Residential
- Rooms
- 4
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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