median 2,400 €/m² for comparable properties
Rent covers ~ 105% of the payment
~ 626 €/mo rent · pays for itself in ~ 18 yrs
~126,000 € BELOW MARKET
good value
against the median for 4-room apartments in Ovcha Kupel (86 properties)
Low investment rating
The rent covers 32% of the payment — you top up about 1,382 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 58 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 126,000 € below the typical price (the median) for 4-room apartments in Ovcha Kupel (86 properties) — 1,683 €/m² against 2,143 €/m².
Large 4-room apartment with an area of 274 sq m, located in the Ovcha kupel residential complex, Sofia, on the 7th floor of 9 in a new brick building from 2023 with Act 16.
The layout includes a corridor, four bedrooms, two spacious rooms for kitchen with living room and dining room, two bathrooms with toilets and two balconies with terraces, providing good functionality and the possibility to divide into two separate apartments.
The building is new, with an elevator, access control and parking spaces, with a low percentage of common areas and all necessary amenities such as internet and heating.
The location is convenient, close to Gorna Banya metro station, kindergarten, shops and hospitals, with quick access to the ring road and the center of Sofia.
The property is suitable for family living with an emphasis on space and functionality, as well as for investment with the possibility of redevelopment.
With 20% down over 20 years the monthly mortgage payment is about 2,047 €, against an expected local rent of 665 €. The rent covers 32% of it.
The asking price has fallen by 51,264 € (10%) since it was first listed.
Source: Market statistics for 4-room apartments in Ovcha Kupel
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
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 22% below the average for comparable properties.
Is there still room to negotiate?
Because: The price has been cut once, by about 10%.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
median 2,400 €/m² for comparable properties
Rent covers ~ 105% of the payment
~ 626 €/mo rent · pays for itself in ~ 18 yrs
median 2,203 €/m² for comparable properties
Rent covers ~ 89% of the payment
~ 783 €/mo rent · you top up ~ 93 €/mo
median 2,203 €/m² for comparable properties
Rent covers ~ 75% of the payment
~ 783 €/mo rent · you top up ~ 262 €/mo
median 2,143 €/m² for comparable properties
Rent covers ~ 62% of the payment
~ 665 €/mo rent · you top up ~ 408 €/mo
median 2,400 €/m² for comparable properties
Rent covers ~ 70% of the payment
~ 626 €/mo rent · you top up ~ 272 €/mo
median 2,203 €/m² for comparable properties
Rent covers ~ 81% of the payment
~ 783 €/mo rent · you top up ~ 184 €/mo
median 2,203 €/m² for comparable properties
Rent covers ~ 74% of the payment
~ 783 €/mo rent · you top up ~ 282 €/mo
median 2,203 €/m² for comparable properties
Rent covers ~ 82% of the payment
~ 783 €/mo rent · you top up ~ 173 €/mo