+23% above market
median 2,437 €/m² for comparable properties
239,000 € 2,987 €/m²
Rent covers ~ 187% of the payment
~ 1,979 €/mo rent · pays for itself in ~ 10 yrs
Sale189,900 €1,582 €/m²
Expected rent1,979 € /mo
~102,500 € BELOW MARKET
good value
against the median for houses in Pancharevo (95 properties)
Area
120 m²
Land Area
800 m²
Construction
Brick
Year
1997
Yield analysis
Strong investment rating
Monthly payment843 €20% down payment · 20 yrs · 3%
Expected rent1,979 €at market conditions for the neighbourhood
The rent covers 235% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 8 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▼ 32.2% · 90,100 €
- 280,000 €
- 260,000 €▼ 20,000 € (7.1%)
- 195,000 €▼ 65,000 € (25%)
- 189,900 €▼ 5,100 € (2.6%)
Property analysis
This house is priced about 102,500 € below the typical price (the median) for houses in Pancharevo (95 properties) — 1,582 €/m² against 2,437 €/m².
House in Pancharevo village, Kosanin dol area, with a view of Pancharevo Lake.
The layout is a shell construction with an area of 120 sq m, allowing flexibility in the interior design.
The building is brick from 1997, and the property requires finishing works and provision of basic utilities.
The location offers tranquility and easy access to Sofia city, combining natural surroundings and infrastructure.
Suitable for people looking for a property to complete with potential for permanent residence or investment.
With 20% down over 20 years the monthly mortgage payment is about 843 €, against an expected local rent of 1,979 €. The rent covers the whole payment (235%).
The asking price has fallen by 90,100 € (32.2%) since it was first listed.
Pros and cons
AI summaryPros
- panoramic view
- large plot
- easy access
Cons
- shell construction
- needs finishing
Details
- Category
- Residential
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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