−29% below market
median 2,517 €/m² for comparable properties
234,000 € 1,800 €/m²
Rent covers ~ 303% of the payment
~ 3,150 €/mo rent · pays for itself in ~ 6 yrs
Sale275,000 €1,580 €/m²
Expected rent3,150 € /mo
~163,000 € BELOW MARKET
good value
against the median for houses in Sofia (897 properties)
Area
174 m²
Land Area
1,586 m²
Floor
0 / 3
Construction
Brick
Year
1998
Yield analysis
Strong investment rating
Monthly payment1,220 €20% down payment · 20 yrs · 3%
Expected rent3,150 €at market conditions for the neighbourhood
The rent covers 258% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 7 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 163,000 € below the typical price (the median) for houses in Sofia (897 properties) — 1,580 €/m² against 2,517 €/m².
With 20% down over 20 years the monthly mortgage payment is about 1,220 €, against an expected local rent of 3,150 €. The rent covers the whole payment (258%).
Details
- Category
- Residential
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.