−36% below market
median 3,000 €/m² for comparable properties
405,000 € 1,928 €/m²
Rent covers ~ 199% of the payment
~ 3,570 €/mo rent · pays for itself in ~ 9 yrs
Sale1,250,000 €1,315 €/m²
Expected rent3,150 € /mo
Area
950 m²
Land Area
1,000 m²
Floor
3 / 3
Construction
Brick
Year
1997
Heating
Gas
Yield analysis
Low investment rating
Monthly payment5,546 €20% down payment · 20 yrs · 3%
Expected rent3,150 €at market conditions for the neighbourhood
The rent covers 57% of the payment — you top up about 2,396 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 33 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
4 changes since listing▼ 21.9% · 350,000 €
- 1,600,000 €
- 1,599,000 €▼ 1,000 € (0.1%)
- 1,890,000 €▲ 291,000 € (18.2%)
- 1,600,000 €▼ 290,000 € (15.3%)
- 1,250,000 €▼ 350,000 € (21.9%)
Property analysis
This house is priced 44% below the typical price (the median) for comparable properties — 2,069 €/m² against 3,719 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
House in Sofia city, Boyana district, with a total area of 950 sq m and three floors, offering space and functionality.
The layout includes a basement, two residential floors, a large living room with a gallery, and 6 bedrooms, providing convenience for a large family.
The construction is brick from 1997, with available gas heating and three-phase electricity; the property is partially renovated but requires additional repairs according to the new owner's needs.
The location is in the prestigious Boyana area with a southern aspect and panoramic view of Vitosha, while the garage and parking complete the property's amenities.
Suitable for family living with potential for modernization and adaptation to individual preferences.
With 20% down over 20 years the monthly mortgage payment is about 5,546 €, against an expected local rent of 3,150 €. The rent covers 57% of it.
The asking price has fallen by 350,000 € (21.9%) since it was first listed.
Pros and cons
AI summaryPros
- functional layout
- southern aspect
- garage
- panoramic view
Cons
- needs additional repairs
Layout
- living room
- bedroom
- bedroom
- bedroom
- bedroom
- bedroom
- bedroom
Amenities
- With Parking
- Internet Connection
- Access Control
- Renovated
- Needs Renovation
- Luxury
- Wiring
Exposure
AI summarySSouth
Maximum sunlight throughout the day
Details
- Category
- Residential
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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At market level
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