median 2,872 €/m² for comparable properties
Rent covers ~ 74% of the payment
~ 596 €/mo rent · you top up ~ 207 €/mo
~32,000 € ABOVE MARKET
above market
against the median for 3-room apartments in Mladost 4 (312 properties)
Fair investment rating
The rent covers 83% of the payment — you top up about 186 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 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 32,000 € above the typical price (the median) for 3-room apartments in Mladost 4 (312 properties) — 2,717 €/m² against 2,368 €/m².
The apartment is located in the Mladost 4 residential complex, Sofia, on the second floor of a prefab panel building from 1980 with an elevator. The layout includes 4 rooms – 3 bedrooms, a separate kitchen with a living room, 2 balconies (one enclosed), a bathroom with toilet, and a separate toilet. There is also a storage room and a basement. The building is prefab panel, with maintained common areas and an elevator, and the apartment has been renovated with quality flooring and window frames. The location is convenient – a 5-minute walk from Business Park metro station, close to offices, supermarkets, schools, and green areas. The property is suitable both for a family and as an investment, offering a functional layout and good transport connections.
With 20% down over 20 years the monthly mortgage payment is about 1,109 €, against an expected local rent of 923 €. The rent covers 83% of it.
This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 270 days. The asking price has fallen by 28,110 € (10.1%) since it was first listed.
Source: Market statistics for 3-room apartments in Mladost 4
Derived from this specific property's data — not a generic checklist. Take them with you.
Is there still room to negotiate, and why has it not sold yet?
Because: The price has been cut 2 times — about 10% below the original asking price.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 270 days.
Who am I negotiating with, and who is authorised to agree a price?
Because: The property appears in 2 listings at the same price.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 years old.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 2,872 €/m² for comparable properties
Rent covers ~ 74% of the payment
~ 596 €/mo rent · you top up ~ 207 €/mo
median 2,368 €/m² for comparable properties
Rent covers ~ 62% of the payment
~ 923 €/mo rent · you top up ~ 556 €/mo
median 2,368 €/m² for comparable properties
Rent covers ~ 119% of the payment
~ 923 €/mo rent · pays for itself in ~ 16 yrs
median 2,727 €/m² for comparable properties
Rent covers ~ 69% of the payment
~ 712 €/mo rent · you top up ~ 326 €/mo
median 2,368 €/m² for comparable properties
Rent covers ~ 57% of the payment
~ 923 €/mo rent · you top up ~ 710 €/mo
median 2,368 €/m² for comparable properties
Rent covers ~ 80% of the payment
~ 923 €/mo rent · you top up ~ 225 €/mo
median 2,368 €/m² for comparable properties
Rent covers ~ 91% of the payment
~ 923 €/mo rent · you top up ~ 95 €/mo
median 2,368 €/m² for comparable properties
Rent covers ~ 67% of the payment
~ 923 €/mo rent · you top up ~ 459 €/mo