~145,000 € BELOW MARKET
far below market
against the median for floors of house in Sofia (112 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 180% 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 145,000 € below the typical price (the median) for floors of house in Sofia (112 properties) — 1,150 €/m² against 2,600 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Floor of a house with an area of 100 sq m is located in the district of Modern Suburb, city of Sofia. The apartment is situated on the first floor of a three-storey brick building from 1980.
The layout includes a corridor, living room with kitchenette, bedroom, bathroom with toilet, and terrace, providing functional use of the space. The aspect is east/west/north/south, which contributes to good natural light and ventilation.
The building is brick construction, heating is electric, and the property is offered unfurnished, allowing for individual design according to the needs of the new owner. There is also an adjacent yard with an area of 160 sq m.
The location is close to a school, pharmacy, hospital, and bus stop, providing conveniences for daily life and good public transport. The area is suitable for families seeking tranquility and access to urban infrastructure.
The property is suitable for people looking for a practical home with the possibility of personalization and a private yard in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 510 €, against an expected local rent of 920 €. The rent covers the whole payment (180%).
Pros and cons
AI summary- functional layout
- adjacent yard
- four aspects
- close to school
- ground floor
- electric heating
Layout
- corridor
- living room
- kitchenette
- bedroom
- bathroom
- terrace
Amenities
- Internet Connection
Exposure
AI summaryMaximum sunlight throughout the day
Even light, cooler during summer
Morning sun, cooler afternoons
Afternoon and evening sun
Details
- Category
- Residential
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.