+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
Sale280,000 €294 €/m²
Expected rent1,871 € /mo
~1,448,000 € BELOW MARKET
far below market
against the median for houses in Bankya (192 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
952 m²
Land Area
952 m²
Floor
1 / 2
Construction
Brick
Year
1980
Heating
Gas
Yield analysis
Strong investment rating
Monthly payment1,242 €20% down payment · 20 yrs · 3%
Expected rent1,871 €at market conditions for the neighbourhood
The rent covers 151% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 12 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 1,448,000 € below the typical price (the median) for houses in Bankya (192 properties) — 294 €/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.
The property is a plot with an area of 952 sq m, located in Sofia city, Bankya district.
The layout includes a building footprint of 53 sq m, suitable for constructing a single-family house or a small residential building of two floors.
The construction is brick, with potential for new-build, and the plot has all necessary utilities and asphalt access.
The location is quiet and green, providing convenient connection to Sofia and a combination of nature and urban environment.
The property is suitable for people seeking tranquility and the opportunity for own construction near the capital.
With 20% down over 20 years the monthly mortgage payment is about 1,242 €, against an expected local rent of 1,871 €. The rent covers the whole payment (151%).
Pros and cons
AI summaryPros
- asphalt access
- all utilities
- street frontage
- quiet location
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
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
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
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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