At market level
median 4,601 €/m² for comparable properties
850,000 € 4,913 €/m²
Rent covers ~ 58% of the payment
~ 2,185 €/mo rent · you top up ~ 1,586 €/mo
Sale795,000 €4,076 €/m²
Expected rent2,185 € /mo
~102,000 € BELOW MARKET
good value
against the median for 4-room apartments in Izgrev (22 properties)
Area
195 m²
Floor
15 / 16
Construction
EPC
Heating
District Heating
Yield analysis
Low investment rating
Monthly payment3,527 €20% down payment · 20 yrs · 3%
Expected rent2,185 €at market conditions for the neighbourhood
The rent covers 62% of the payment — you top up about 1,342 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 30 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 102,000 € below the typical price (the median) for 4-room apartments in Izgrev (22 properties) — 4,076 €/m² against 4,601 €/m².
4-room apartment in the Izgrev district, Sofia, on the 15th floor of 16. The property has an area of 195 sq m and is located on Elemag St.
The layout includes an entrance hall with built-in wardrobes, corridor, guest toilet, spacious living room with fireplace and dining area, separate kitchen, study, three bedrooms, bathroom with toilet, storage room, laundry room and three terraces.
The building has an elevator and controlled access, heating is district heating with additional air conditioners in each room. The apartment has undergone major renovation and is equipped with a security alarm system and internet wiring.
The location is close to Borisova Gradina park, a metro station and embassies, with free parking in the area and a designated parking lot in front of the building.
The property offers convenience for living in a central urban environment with a functional layout and diverse aspects.
With 20% down over 20 years the monthly mortgage payment is about 3,527 €, against an expected local rent of 2,185 €. The rent covers 62% of it.
Pros and cons
AI summaryPros
- functional layout
- three terraces
- elevator and access control
- close to park
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- entrance hall
- corridor
- toilet
- living room
- dining area
- kitchen
- study
- bedroom
- bedroom
- bedroom
- bathroom
- toilet
- storage room
- laundry room
- terrace
- terrace
- terrace
Amenities
- Elevator
- Access Control
Exposure
AI summarySSouth
Maximum sunlight throughout the day
EEast
Morning sun, cooler afternoons
WWest
Afternoon and evening sun
Details
- Category
- Residential
- Rooms
- 4
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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