+99% above market
median 1,815 €/m² for comparable properties
880,000 € 3,606 €/m²
Rent covers ~ 48% of the payment
~ 1,871 €/mo rent · you top up ~ 2,033 €/mo
Sale420,000 €1,573 €/m²
Expected rent1,871 € /mo
~64,500 € BELOW MARKET
good value
against the median for houses in Bankya (192 properties)
Area
267 m²
Land Area
530 m²
Construction
Brick
Year
2000
Heating
Local Heating
Yield analysis
Fair investment rating
Monthly payment1,863 €20% down payment · 20 yrs · 3%
Expected rent1,871 €at market conditions for the neighbourhood
The rent covers 100% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 19 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Property analysis
This house is priced about 64,500 € below the typical price (the median) for houses in Bankya (192 properties) — 1,573 €/m² against 1,815 €/m².
House in Sofia city, Bankya district, Tsar Simeon St, with a total area of 267 sq m and a private yard of 530 sq m.
The layout includes a basement, two residential floors and an attic floor with a studio, providing the possibility to create two separate living spaces or accommodate a large family.
The construction is brick from 2000, the property is renovated and has a heating system, ensuring comfort throughout the year.
The location is close to the center of Bankya, about 500 meters from the municipality and main amenities, while offering tranquility and a beautiful panoramic view of Lyulin mountain.
The property is suitable for family living with opportunities for working from home or creative activities thanks to the studio and large terrace.
With 20% down over 20 years the monthly mortgage payment is about 1,863 €, against an expected local rent of 1,871 €. The rent covers the whole payment (100%).
Pros and cons
AI summaryPros
- functional layout
- panoramic terrace
- private yard
- renovated
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room
- kitchenette
- bedroom
- bedroom
- bathroom
- toilet
- living room
- kitchen
- bedroom
- bedroom
- bathroom
- toilet
- studio
- bathroom
- toilet
Amenities
- Renovated
Details
- Category
- Residential
- Bathrooms
- 3
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
At market level
median 1,815 €/m² for comparable properties
895,000 € 1,815 €/m²
Rent covers ~ 47% of the payment
~ 1,871 €/mo rent · you top up ~ 2,100 €/mo
+10% above market
median 1,815 €/m² for comparable properties
900,000 € 2,000 €/m²
Rent covers ~ 47% of the payment
~ 1,871 €/mo rent · you top up ~ 2,122 €/mo
+56% above market
median 1,815 €/m² for comparable properties
930,000 € 2,826 €/m²
Rent covers ~ 45% of the payment
~ 1,871 €/mo rent · you top up ~ 2,255 €/mo
−11% below market
median 1,815 €/m² for comparable properties
560,000 € 1,609 €/m²
Rent covers ~ 75% of the payment
~ 1,871 €/mo rent · you top up ~ 614 €/mo
At market level
median 1,815 €/m² for comparable properties
580,000 € 1,705 €/m²
Rent covers ~ 73% of the payment
~ 1,871 €/mo rent · you top up ~ 702 €/mo
+15% above market
median 1,815 €/m² for comparable properties
520,000 € 2,080 €/m²
Rent covers ~ 81% of the payment
~ 1,871 €/mo rent · you top up ~ 436 €/mo
At market level
median 1,815 €/m² for comparable properties
368,640 € 1,920 €/m²
Rent covers ~ 114% of the payment
~ 1,871 €/mo rent · pays for itself in ~ 16 yrs