Sale−45% below market

House in Sofia, Dragalevci

SofiaDragalevci
Published: 8 June 2023 Updated: 8 June 2023
Sale3,600,000 €1,512 €/m²
Expected rent3,275 € /mo
Area
2,380 m²
Land Area
720 m²
Floor
0 / 0
Construction
Brick
Year
2012

Yield analysis

Low investment rating

1.1% / yr
Monthly payment15,972 €20% down payment · 20 yrs · 3%
Expected rent3,275 €at market conditions for the neighbourhood

The rent covers 21% of the payment — you top up about 12,697 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 92 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 45% below the typical price (the median) for comparable properties — 1,512 €/m² against 2,740 €/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 15,972 €, against an expected local rent of 3,275 €. The rent covers 21% of it.

Source: Market statistics for houses in Dragalevci

Details

Category
Residential
Furnishing
Yes

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

Similar properties nearby

+56% above market

median 2,740 €/m² for comparable properties

790,000 € 3,761 €/m²
  • 210m²
  • 0/3fl.

Rent covers ~ 93% of the payment

~ 3,275 €/mo rent · you top up ~ 230 €/mo