Sale

House in Sofia, 7-Mi 11-Ti Kilometyr

Sofia7-Mi 11-Ti Kilometyr
Published: 4 September 2023 Updated: 4 September 2023
Sale4,800,000 €8,727 €/m²
Expected rent3,141 € /mo

~2,691,000 € ABOVE MARKET

overpriced

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

Area
550 m²
Land Area
1,200 m²
Construction
Brick
Year
2015

Yield analysis

Low investment rating

0.8% / yr
Monthly payment21,297 €20% down payment · 20 yrs · 3%
Expected rent3,141 €at market conditions for the neighbourhood

The rent covers 15% of the payment — you top up about 18,156 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 127 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 2,691,000 € above the typical price (the median) for houses in 7-Mi 11-Ti Kilometyr (8 properties) — 8,727 €/m² against 3,835 €/m².

With 20% down over 20 years the monthly mortgage payment is about 21,297 €, against an expected local rent of 3,141 €. The rent covers 15% of it.

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

Details

Category
Residential
Bathrooms
7

Approximate location

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

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