−15% below market
median 2,610 €/m² for comparable properties
145,000 € 2,230 €/m²
Rent covers ~ 143% of the payment
~ 920 €/mo rent · pays for itself in ~ 13 yrs
Sale140,000 €1,120 €/m²
Expected rent920 € /mo
~186,500 € 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.
Area
125 m²
Floor
1 / 2
Construction
Brick
Year
1980
Yield analysis
Good investment rating
Monthly payment621 €20% down payment · 20 yrs · 3%
Expected rent920 €at market conditions for the neighbourhood
The rent covers 148% 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 186,500 € below the typical price (the median) for floors of house in Sofia (111 properties) — 1,120 €/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.
With 20% down over 20 years the monthly mortgage payment is about 621 €, against an expected local rent of 920 €. The rent covers the whole payment (148%).
Details
- Category
- Residential
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.