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
Sale239,000 €2,987 €/m²
Expected rent1,979 € /mo
~44,000 € ABOVE MARKET
overpriced
against the median for houses in Pancharevo (95 properties)
Area
80 m²
Land Area
800 m²
Construction
Brick
Year
1970
Yield analysis
Strong investment rating
Monthly payment1,060 €20% down payment · 20 yrs · 3%
Expected rent1,979 €at market conditions for the neighbourhood
The rent covers 187% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 10 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 44,000 € above the typical price (the median) for houses in Pancharevo (95 properties) — 2,987 €/m² against 2,437 €/m².
House with an area of 80 sq m, located in Pancharevo village, Kosanin dol area, part of Sofia city.
The layout includes three rooms, suitable for family use, with basic internal functionality and no walk-through rooms.
The building was constructed in 1970 from brick, and the condition requires full renovation; the property includes parking and access control.
The location is close to natural areas and offers a quiet environment, but with limited access to urban infrastructure.
The property is suitable for people seeking a home near nature with the possibility of renovation and adaptation according to their needs.
With 20% down over 20 years the monthly mortgage payment is about 1,060 €, against an expected local rent of 1,979 €. The rent covers the whole payment (187%).
Pros and cons
AI summaryPros
- parking
- access control
- close to nature
Cons
- needs full renovation
Layout
- living room
- bedroom
- bedroom
Amenities
- With Parking
- Access Control
Details
- Category
- Residential
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
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
+40% above market
median 2,437 €/m² for comparable properties
680,000 € 3,400 €/m²
Rent covers ~ 66% of the payment
~ 1,979 €/mo rent · you top up ~ 1,038 €/mo
At market level
median 2,437 €/m² for comparable properties
636,400 € 2,447 €/m²
Rent covers ~ 70% of the payment
~ 1,979 €/mo rent · you top up ~ 845 €/mo
+69% above market
median 2,437 €/m² for comparable properties
349,999 € 4,117 €/m²
Rent covers ~ 127% of the payment
~ 1,979 €/mo rent · pays for itself in ~ 15 yrs