+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
Sale350,000 €9,722 €/m²
Expected rent1,871 € /mo
~284,500 € ABOVE MARKET
overpriced
against the median for houses in Bankya (192 properties)
Area
36 m²
Land Area
1,990 m²
Construction
Modular Construction
Year
2015
Yield analysis
Good investment rating
Monthly payment1,553 €20% down payment · 20 yrs · 3%
Expected rent1,871 €at market conditions for the neighbourhood
The rent covers 120% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 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▲ 9.4% · 30,000 €
- 320,000 €
- 320,000 €▲ 0 € (0%)
- 350,000 €▲ 30,000 € (9.4%)
- 350,000 €▲ 0 € (0%)
Property analysis
This house is priced about 284,500 € above the typical price (the median) for houses in Bankya (192 properties) — 9,722 €/m² against 1,815 €/m².
The property is a modular house with an area of 36 sq m, located in Mikhailovo district, Bankya, about 10 km from Sofia.
The layout includes a living room with kitchenette, bedroom, bathroom, and a spacious panoramic veranda, providing functional use of the space.
The construction is modular from 2015, with a concrete foundation and legalized status; the property is equipped with air conditioning in every room and all necessary electrical appliances.
The location offers convenient access via asphalt road and public transport, close to a school, kindergarten, and river, contributing to a peaceful and green environment.
The property is suitable for permanent residence or as an investment with potential for further development of the plot.
With 20% down over 20 years the monthly mortgage payment is about 1,553 €, against an expected local rent of 1,871 €. The rent covers the whole payment (120%).
This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 297 days. The asking price has risen by 30,000 € (9.4%) since it was first listed.
Pros and cons
AI summaryPros
- functional layout
- panoramic veranda
- asphalt access
- air conditioning in every room
Cons
- small living area
Layout
- living room
- bedroom
- bathroom
- veranda
Details
- Category
- Residential
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
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
−30% below market
median 1,815 €/m² for comparable properties
489,990 € 1,272 €/m²
Rent covers ~ 86% of the payment
~ 1,871 €/mo rent · you top up ~ 303 €/mo
No market valuation
On request
No yield data
Appears once there's enough market data
−36% below market
median 1,815 €/m² for comparable properties
105,000 € 1,166 €/m²
Rent covers ~ 402% of the payment
~ 1,871 €/mo rent · pays for itself in ~ 5 yrs
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