median 2,510 €/m² for comparable properties
Rent covers ~ 193% of the payment
~ 600 €/mo rent · pays for itself in ~ 10 yrs
~41,500 € ABOVE MARKET
overpriced
against the median for apartments in Drujba 1 (448 properties)
Good investment rating
The rent covers 123% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 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 41,500 € above the typical price (the median) for apartments in Drujba 1 (448 properties) — 3,793 €/m² against 2,366 €/m².
The apartment is located in residential complex Druzhba 1, Sofia, on the 6th floor of 8 in a prefab panel building. It has an area of 29 sq m and holds the status of a creative room. The layout includes a kitchen with built-in appliances, dining and relaxation area, as well as a bathroom with shower zone. The building is equipped with an elevator and access control. The apartment has an east aspect, providing good natural lighting. Heating is provided by an air conditioner, and hot water is supplied by district heating. The location is convenient, close to Druzhba metro station, a park-lake, and numerous shops and transport connections. The property is suitable both for living and for renting out, without the need for additional investments.
With 20% down over 20 years the monthly mortgage payment is about 488 €, against an expected local rent of 600 €. The rent covers the whole payment (123%).
The asking price has fallen by 9,000 € (7.6%) since it was first listed.
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.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 209 days.
Is there still room to negotiate?
Because: The price has been cut once, by about 8%.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
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.
Morning sun, cooler afternoons
median 2,510 €/m² for comparable properties
Rent covers ~ 193% of the payment
~ 600 €/mo rent · pays for itself in ~ 10 yrs
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median 2,510 €/m² for comparable properties
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