Sale

House in Sofia, 7-Mi 11-Ti Kilometyr

Sofia7-Mi 11-Ti Kilometyr

Published: 4 September 2023 Updated: 4 September 2023

Sale1,350,000 €1,588 €/m²

Expected rent3,142 € /mo

~1,910,000 € BELOW MARKET

far below market

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

A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

Area

850 m²

Land Area

1,400 m²

Construction

Brick

Year

2016

Yield analysis

Low investment rating

2.8% / yr

Monthly payment5,990 €20% down payment · 20 yrs · 3%

Expected rent3,142 €at market conditions for the neighbourhood

The rent covers 52% of the payment — you top up about 2,848 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 36 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 1,910,000 € below the typical price (the median) for houses in 7-Mi 11-Ti Kilometyr (8 properties) — 1,588 €/m² against 3,835 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

With 20% down over 20 years the monthly mortgage payment is about 5,990 €, against an expected local rent of 3,142 €. The rent covers 52% of it.

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