~84,500 € BELOW MARKET
far below market
against the median for houses in Sofia (896 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Yield analysis
Strong investment rating
The rent covers 2110% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 1 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 84,500 € below the typical price (the median) for houses in Sofia (896 properties) — 715 €/m² against 2,517 €/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 149 €, against an expected local rent of 3,147 €. The rent covers the whole payment (2110%).
Details
- Category
- Residential
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.