median 2,585 €/m² for comparable properties
Rent covers ~ 118% of the payment
~ 2,125 €/mo rent · pays for itself in ~ 16 yrs
~668,500 € BELOW MARKET
far below market
against the median for 4-room apartments in Simeonovo (28 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Fair investment rating
The rent covers 82% of the payment — you top up about 471 €/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 668,500 € below the typical price (the median) for 4-room apartments in Simeonovo (28 properties) — 1,206 €/m² against 2,585 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
The offered property is a 4-room penthouse in the Simeonovo district, Sofia. It has 162 sq m of living area and a 324 sq m terrace with a 360-degree view of Vitosha and Sofia. The layout includes a spacious living room with kitchenette, 2-3 bedrooms, 2 bathrooms, laundry room, and storage, with the elevator stopping directly at the apartment. The building is brick-built, using quality materials such as Wienerberger ceramic bricks and Laminam/Promot ventilated facade. Heating is gas with underfloor heating and air conditioners, and the windows are aluminum with electric roller shutters. The property is part of a gated complex with controlled access, video surveillance, and parking spaces, located near Ring Mall, Ikea, and a future metro station. The complex offers green areas, playgrounds, and outdoor fitness. This property is suitable for families seeking a spacious and secure home with convenient access to urban infrastructure.
With 20% down over 20 years the monthly mortgage payment is about 2,596 €, against an expected local rent of 2,125 €. The rent covers 82% of it.
Source: Market statistics for 4-room apartments in Simeonovo
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 53% below the average for comparable properties.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 205 days.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2027.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
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 2,585 €/m² for comparable properties
Rent covers ~ 118% of the payment
~ 2,125 €/mo rent · pays for itself in ~ 16 yrs
median 2,991 €/m² for comparable properties
Rent covers ~ 73% of the payment
~ 1,065 €/mo rent · you top up ~ 386 €/mo
median 2,585 €/m² for comparable properties
Rent covers ~ 106% of the payment
~ 2,125 €/mo rent · pays for itself in ~ 18 yrs
median 2,585 €/m² for comparable properties
Rent covers ~ 126% of the payment
~ 2,125 €/mo rent · pays for itself in ~ 15 yrs
median 2,991 €/m² for comparable properties
Rent covers ~ 48% of the payment
~ 1,065 €/mo rent · you top up ~ 1,176 €/mo
median 2,585 €/m² for comparable properties
Rent covers ~ 137% of the payment
~ 2,125 €/mo rent · pays for itself in ~ 14 yrs
median 2,991 €/m² for comparable properties
Rent covers ~ 72% of the payment
~ 1,065 €/mo rent · you top up ~ 415 €/mo
median 2,564 €/m² for comparable properties
Rent covers ~ 92% of the payment
~ 755 €/mo rent · you top up ~ 66 €/mo