Sale

House in Sofia, 7-Mi 11-Ti Kilometyr

Sofia7-Mi 11-Ti Kilometyr
Published: 8 June 2023 Updated: 8 June 2023
Sale1,030,000 €2,710 €/m²
Expected rent3,142 € /mo

~427,500 € BELOW MARKET

good value

against the median for houses in 7-Mi 11-Ti Kilometyr (8 properties)

Area
380 m²
Land Area
700 m²
Construction
Brick
Year
2013

Yield analysis

Low investment rating

3.7% / yr
Monthly payment4,570 €20% down payment · 20 yrs · 3%
Expected rent3,142 €at market conditions for the neighbourhood

The rent covers 69% of the payment — you top up about 1,428 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 27 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 427,500 € below the typical price (the median) for houses in 7-Mi 11-Ti Kilometyr (8 properties) — 2,710 €/m² against 3,835 €/m².

With 20% down over 20 years the monthly mortgage payment is about 4,570 €, against an expected local rent of 3,142 €. The rent covers 69% of it.

Source: Market statistics for houses in 7-Mi 11-Ti Kilometyr

Details

Category
Residential
Bathrooms
6

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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