+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
Sale49,000 €2,450 €/m²
Expected rent1,979 € /mo
AT MARKET LEVEL
fairly priced
against the median for houses in Pancharevo (94 properties)
Area
20 m²
Land Area
600 m²
Floor
0 / 0
Construction
Panel
Yield analysis
Strong investment rating
Monthly payment217 €20% down payment · 20 yrs · 3%
Expected rent1,979 €at market conditions for the neighbourhood
The rent covers 910% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 2 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
1 change since listing▼ 16.9% · 10,000 €
- 59,000 €
- 49,000 €▼ 10,000 € (16.9%)
Property analysis
This house is priced at the typical price (the median) for houses in Pancharevo (94 properties) — 2,450 €/m² against 2,437 €/m².
Villa with an area of 20 sq m, located in Pancharevo village, Gradishteto area, Sofia city.
Layout is compact, suitable for short-term use or as a place for relaxation.
The construction is of prefab panel, concrete and stone, with no specific information about the year of construction or the availability of amenities.
The location is close to mineral baths and pools with mineral water, at the foot of Vitosha, providing tranquility and a natural environment.
The property is suitable for use as a holiday home or a small personal space in nature.
With 20% down over 20 years the monthly mortgage payment is about 217 €, against an expected local rent of 1,979 €. The rent covers the whole payment (910%).
The asking price has fallen by 10,000 € (16.9%) since it was first listed.
Pros and cons
AI summaryPros
- quiet location
- close to mineral baths
- natural environment
Cons
- small area
- no information on amenities
- prefab panel construction
Layout
- villa 20 sq m
Details
- Category
- Residential
Location
Similar properties nearby
At market level
median 2,437 €/m² for comparable properties
686,500 € 2,640 €/m²
Rent covers ~ 65% of the payment
~ 1,979 €/mo rent · you top up ~ 1,067 €/mo
At market level
median 2,437 €/m² for comparable properties
651,859 € 2,414 €/m²
Rent covers ~ 68% of the payment
~ 1,979 €/mo rent · you top up ~ 913 €/mo
At market level
median 2,437 €/m² for comparable properties
585,789 € 2,333 €/m²
Rent covers ~ 76% of the payment
~ 1,979 €/mo rent · you top up ~ 620 €/mo
At market level
median 2,437 €/m² for comparable properties
609,600 € 2,419 €/m²
Rent covers ~ 73% of the payment
~ 1,979 €/mo rent · you top up ~ 726 €/mo
−21% below market
median 2,437 €/m² for comparable properties
355,000 € 1,929 €/m²
Rent covers ~ 126% of the payment
~ 1,979 €/mo rent · pays for itself in ~ 15 yrs
At market level
median 2,437 €/m² for comparable properties
616,480 € 2,446 €/m²
Rent covers ~ 72% of the payment
~ 1,979 €/mo rent · you top up ~ 756 €/mo
At market level
median 2,437 €/m² for comparable properties
800,000 € 2,305 €/m²
Rent covers ~ 56% of the payment
~ 1,979 €/mo rent · you top up ~ 1,570 €/mo