+31% above market
median 2,517 €/m² for comparable properties
263,950 € 3,299 €/m²
Rent covers ~ 269% of the payment
~ 3,150 €/mo rent · pays for itself in ~ 7 yrs
Sale250,000 €196 €/m²
Expected rent3,150 € /mo
~2,954,000 € BELOW MARKET
far below market
against the median for houses in Sofia (897 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
1,273 m²
Land Area
1,189 m²
Construction
Brick
Year
1960
Yield analysis
Strong investment rating
Monthly payment1,109 €20% down payment · 20 yrs · 3%
Expected rent3,150 €at market conditions for the neighbourhood
The rent covers 284% 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 2,954,000 € below the typical price (the median) for houses in Sofia (897 properties) — 196 €/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 1,109 €, against an expected local rent of 3,150 €. The rent covers the whole payment (284%).
Amenities
- With Parking
Details
- Category
- Residential
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
At market level
median 2,517 €/m² for comparable properties
289,000 € 2,513 €/m²
Rent covers ~ 246% of the payment
~ 3,150 €/mo rent · pays for itself in ~ 8 yrs