−57% below market
median 2,610 €/m² for comparable properties
140,000 € 1,120 €/m²
Rent covers ~ 148% of the payment
~ 920 €/mo rent · pays for itself in ~ 13 yrs
Sale145,000 €2,230 €/m²
Expected rent920 € /mo
~24,500 € BELOW MARKET
good value
against the median for floors of house in Sofia (111 properties)
Area
65 m²
Floor
1 / 2
Construction
Brick
Yield analysis
Good investment rating
Monthly payment643 €20% down payment · 20 yrs · 3%
Expected rent920 €at market conditions for the neighbourhood
The rent covers 143% 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.
Price history
3 changes since listing▼ 3.3% · 5,000 €
- 150,000 €
- 150,000 €▲ 0 € (0%)
- 145,000 €▼ 5,000 € (3.3%)
- 145,000 €▲ 0 € (0%)
Property analysis
This floor of House is priced about 24,500 € below the typical price (the median) for floors of house in Sofia (111 properties) — 2,230 €/m² against 2,610 €/m².
With 20% down over 20 years the monthly mortgage payment is about 643 €, against an expected local rent of 920 €. The rent covers the whole payment (143%).
This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 209 days. The asking price has fallen by 5,000 € (3.3%) since it was first listed.
Details
- Category
- Residential
- Bathrooms
- 1
- Furnishing
- Yes