~234,500 € 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.
Yield analysis
Strong investment rating
The rent covers 189% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 10 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 234,500 € below the typical price (the median) for floors of house in Sofia (111 properties) — 833 €/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.
The property consists of two floors of a solid brick house in the Hristo Botev district, Sofia.
The layout includes a living room with kitchenette, two bedrooms, and a bathroom with toilet on the second floor, as well as an attic floor with a living room, bedroom, and toilet, arranged as a second dwelling.
The construction is brick, with replaced window frames and a roof in good condition with tiles.
The location is in an urban environment with convenient access to main services and transport.
The property is suitable for family use with the possibility to separate into two independent residential units.
With 20% down over 20 years the monthly mortgage payment is about 488 €, against an expected local rent of 920 €. The rent covers the whole payment (189%).
Pros and cons
AI summary- two residential levels
- solid brick
- replaced window frames
- roof in good condition
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room with kitchenette 66 sq m
- bedroom
- bedroom
- living room with kitchenette
- bedroom
Details
- Category
- Residential
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.