~1,070,500 € BELOW MARKET
far below market
against the median for floors of house in Sofia (113 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Yield analysis
Low investment rating
The rent covers 40% of the payment — you top up about 1,373 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 47 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Property analysis
This floor of House is priced about 1,070,500 € below the typical price (the median) for floors of house in Sofia (113 properties) — 854 €/m² against 2,621 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
With 20% down over 20 years the monthly mortgage payment is about 2,298 €, against an expected local rent of 925 €. The rent covers 40% of it.
Details
- Category
- Residential