−33% below market
median 2,519 €/m² for comparable properties
220,000 € 1,692 €/m²
Rent covers ~ 323% of the payment
~ 3,150 €/mo rent · pays for itself in ~ 6 yrs
Sale245,560 €2,046 €/m²
Expected rent3,150 € /mo
~56,500 € BELOW MARKET
good value
against the median for houses in Sofia (893 properties)
Area
120 m²
Land Area
295 m²
Floor
2 / 2
Construction
Brick
Yield analysis
Strong investment rating
Monthly payment1,089 €20% down payment · 20 yrs · 3%
Expected rent3,150 €at market conditions for the neighbourhood
The rent covers 289% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 6 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 56,500 € below the typical price (the median) for houses in Sofia (893 properties) — 2,046 €/m² against 2,519 €/m².
Terraced houses in Sofia city, Botunets district, located near a public transport stop.
The properties have different floor areas and layouts, suitable for family housing. Each house includes two parking spaces as part of the offer.
The construction is brick with quality PVC windows and sound insulation between the individual houses. Gasification and modern execution are planned.
The location offers convenience for public transport and access to the central part of the Botunets district.
Suitable for families looking for functional housing with parking spaces and good city connections.
With 20% down over 20 years the monthly mortgage payment is about 1,089 €, against an expected local rent of 3,150 €. The rent covers the whole payment (289%).
Pros and cons
AI summaryPros
- two parking spaces
- sound insulation
- quality PVC windows
- near public transport
Cons
- no Act 16 at the moment
Details
- Category
- Residential
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.