~174,000 € BELOW MARKET
far below market
against the median for floors of house in Sofia (111 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
Good investment rating
The rent covers 149% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 13 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 174,000 € below the typical price (the median) for floors of house in Sofia (111 properties) — 1,158 €/m² against 2,610 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
House floor with an area of 80 sq m and an additional attic space of 40 sq m, located in Chelopechene, Sofia.
The layout includes an entrance hall, living room, kitchen, three bedrooms, and a bathroom with toilet, providing functional use of the space.
The building is brick, built in 1980, with the floor situated on the second level of two. There is no information about additional amenities.
The property is located in a well-connected area close to grocery stores and public transport stops, while also offering peace and clean air thanks to the surrounding nature.
Suitable for family living with a balance between convenience and quiet.
With 20% down over 20 years the monthly mortgage payment is about 617 €, against an expected local rent of 920 €. The rent covers the whole payment (149%).
Pros and cons
AI summary- functional layout
- 600 sq m yard
- close to transport
- lack of amenities
- top floor
Layout
- entrance hall
- living room
- kitchen
- bedroom
- bedroom
- bedroom
Details
- Category
- Residential
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.