median 2,364 €/m² for comparable properties
Rent covers ~ 83% of the payment
~ 843 €/mo rent · you top up ~ 173 €/mo
~46,000 € BELOW MARKET
good value
against the median for 4-room apartments in Moderno Predgradie (8 properties)
Fair investment rating
The rent covers 109% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 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 46,000 € below the typical price (the median) for 4-room apartments in Moderno Predgradie (8 properties) — 1,870 €/m² against 2,364 €/m².
4-room apartment in the Modern Suburb district, Sofia, located on the 4th floor of a prefab panel building from 1992.
The layout includes a large entrance hall, a second hall with built-in wardrobe, dining room with enclosed balcony, three bedrooms, small storage room, separate toilet with shower and spacious bathroom.
The building is prefab panel construction, the apartment needs a refresh renovation and has two terraces and a 3.4 sq m basement.
The aspect is east/west, providing good natural light.
The location is close to Slivnitsa Blvd with convenient access to public transport and various parts of Sofia.
The property is suitable for a family looking for a functional home with the possibility to renovate according to personal preferences.
With 20% down over 20 years the monthly mortgage payment is about 772 €, against an expected local rent of 843 €. The rent covers the whole payment (109%).
This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 61 days.
Source: Market statistics for 4-room apartments in Moderno Predgradie
Derived 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 21% below the average for comparable properties.
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.
Is there a lift in the building, and what condition is it in?
Because: The property is on floor 4 and the listing does not mention a lift.
Is there enough daylight during the day?
Because: The advertised exposure has no southern side.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
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Afternoon and evening sun
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 2,364 €/m² for comparable properties
Rent covers ~ 83% of the payment
~ 843 €/mo rent · you top up ~ 173 €/mo
median 1,808 €/m² for comparable properties
Rent covers ~ 185% of the payment
~ 843 €/mo rent · pays for itself in ~ 10 yrs
median 1,670 €/m² for comparable properties
Rent covers ~ 93% of the payment
~ 843 €/mo rent · you top up ~ 67 €/mo
median 1,808 €/m² for comparable properties
Rent covers ~ 150% of the payment
~ 843 €/mo rent · pays for itself in ~ 13 yrs
median 1,601 €/m² for comparable properties
Rent covers ~ 107% of the payment
~ 843 €/mo rent · pays for itself in ~ 17 yrs
median 1,808 €/m² for comparable properties
Rent covers ~ 157% of the payment
~ 843 €/mo rent · pays for itself in ~ 12 yrs
median 1,601 €/m² for comparable properties
Rent covers ~ 100% of the payment
~ 843 €/mo rent · pays for itself in ~ 19 yrs
median 1,601 €/m² for comparable properties
Rent covers ~ 104% of the payment
~ 843 €/mo rent · pays for itself in ~ 18 yrs