−15% below market
median 2,059 €/m² for comparable properties
595,000 € 1,760 €/m²
Rent covers ~ 67% of the payment
~ 1,756 €/mo rent · you top up ~ 884 €/mo
Sale300,000 €6,666 €/m²
Expected rent1,756 € /mo
~207,500 € ABOVE MARKET
overpriced
against the median for houses in Gorna Banya (44 properties)
Area
45 m²
Land Area
1,115 m²
Construction
Brick
Heating
Gas
Yield analysis
Good investment rating
Monthly payment1,331 €20% down payment · 20 yrs · 3%
Expected rent1,756 €at market conditions for the neighbourhood
The rent covers 132% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 14 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 207,500 € above the typical price (the median) for houses in Gorna Banya (44 properties) — 6,666 €/m² against 2,059 €/m².
The property is a two-storey house with an area of 45 sq m in the district of Gorna Banya, Sofia.
The layout includes a ground floor with kitchen, living room, and bedroom, and a second floor with two bedrooms and a bathroom beneath the main residential floor.
The construction is brick; the property has electricity and water, and the building can be preserved or demolished depending on investment intentions.
The location offers a quiet and prestigious environment with panoramic views of Vitosha and Sofia, as well as convenient access to main roads and the city centre.
The property is suitable for residential construction with the possibility to build two single-family houses according to planning parameters.
With 20% down over 20 years the monthly mortgage payment is about 1,331 €, against an expected local rent of 1,756 €. The rent covers the whole payment (132%).
Pros and cons
AI summaryPros
- panoramic view
- large plot
- electricity and water
- reconstruction potential
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- kitchen
- living room
- bedroom
- bedroom
- bedroom
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 2,059 €/m² for comparable properties
465,000 € 1,953 €/m²
Rent covers ~ 85% of the payment
~ 1,756 €/mo rent · you top up ~ 307 €/mo
+314% above market
median 2,059 €/m² for comparable properties
1,500,000 € 8,522 €/m²
Rent covers ~ 26% of the payment
~ 1,756 €/mo rent · you top up ~ 4,899 €/mo
At market level
median 2,059 €/m² for comparable properties
465,000 € 1,953 €/m²
Rent covers ~ 85% of the payment
~ 1,756 €/mo rent · you top up ~ 307 €/mo
At market level
median 2,059 €/m² for comparable properties
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Rent covers ~ 24% of the payment
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At market level
median 2,059 €/m² for comparable properties
320,000 € 2,000 €/m²
Rent covers ~ 124% of the payment
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−66% below market
median 2,059 €/m² for comparable properties
215,000 € 702 €/m²
Rent covers ~ 184% of the payment
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median 2,059 €/m² for comparable properties
590,000 € 2,388 €/m²
Rent covers ~ 67% of the payment
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