+20% above market
median 950 €/m² for comparable properties
320,000 € 1,142 €/m²
Rent covers ~ 221% of the payment
~ 3,139 €/mo rent · pays for itself in ~ 8 yrs
Sale25,000 €454 €/m²
Expected rent3,139 € /mo
Area
55 m²
Land Area
10 m²
Construction
Brick
Yield analysis
Strong investment rating
Monthly payment111 €20% down payment · 20 yrs · 3%
Expected rent3,139 €at market conditions for the neighbourhood
The rent covers 2830% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 1 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
1 change since listing▼ 28.6% · 10,000 €
- 35,000 €
- 25,000 €▼ 10,000 € (28.6%)
Property analysis
This house is priced 42% below the typical price (the median) for comparable properties — 555 €/m² against 950 €/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 with an area of 55 sq m in the district of Filipovtsi, Sofia.
The layout is compact, suitable for a small family or as an additional property, with main rooms and a sanitary unit.
The construction is of solid brick structure, with options for various types of external insulation and a ceiling height of 2.80 m. It is offered finished to turnkey condition without furniture.
The location is in an urban environment, but without specific information about infrastructure and amenities around the property.
It is suitable for people looking for a small solid house with the possibility to choose building materials and finishing according to their needs.
With 20% down over 20 years the monthly mortgage payment is about 111 €, against an expected local rent of 3,139 €. The rent covers the whole payment (2830%).
The asking price has fallen by 10,000 € (28.6%) since it was first listed.
Pros and cons
AI summaryPros
- solid structure
- finished turnkey
- various insulation types
Cons
- lack of details on amenities
- unspecified construction year
Details
- Category
- Residential
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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