−30% below market
median 1,815 €/m² for comparable properties
489,990 € 1,272 €/m²
Rent covers ~ 86% of the payment
~ 1,862 €/mo rent · you top up ~ 312 €/mo
Sale75,000 €872 €/m²
Expected rent1,862 € /mo
~81,000 € BELOW MARKET
far below market
against the median for houses in Bankya (193 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Area
86 m²
Land Area
600 m²
Construction
Brick
Year
1996
Yield analysis
Strong investment rating
Monthly payment333 €20% down payment · 20 yrs · 3%
Expected rent1,862 €at market conditions for the neighbourhood
The rent covers 560% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 3 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
2 changes since listing▲ 11.9% · 8,000 €
- 67,000 €
- 65,000 €▼ 2,000 € (3%)
- 75,000 €▲ 10,000 € (15.4%)
Property analysis
This house is priced about 81,000 € below the typical price (the median) for houses in Bankya (193 properties) — 872 €/m² against 1,815 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
House with an area of 86 sq m, located in an urbanised area of Bankya.
The property has two floors, with the upper floor having low ceilings around 1.90 m high, which limits its usability. The layout allows for the possibility of creating a basement due to a slight terrain slope.
The construction is brick from 1996, with a new electrical installation and single-phase domestic power supply. Water supply is provided by a well, and sewage is connected to a septic tank.
The location offers tranquility and proximity to nature, typical for the Bankya area, which may be suitable for people seeking a quieter environment outside central Sofia.
The property is suitable as a second home or for people who can adapt to the specific layout and technical characteristics.
With 20% down over 20 years the monthly mortgage payment is about 333 €, against an expected local rent of 1,862 €. The rent covers the whole payment (560%).
The asking price has risen by 8,000 € (11.9%) since it was first listed.
Pros and cons
AI summaryPros
- brick construction
- new electrical installation
- basement potential
- well water
Cons
- low ceiling upper floor
- single-phase power
- septic tank sewage
Details
- Category
- Residential
Location
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