+11% above market
median 2,260 €/m² for comparable properties
359,925 € 2,499 €/m²
Rent covers ~ 197% of the payment
~ 3,139 €/mo rent · pays for itself in ~ 10 yrs
Sale26,900 €640 €/m²
Expected rent3,139 € /mo
~79,000 € BELOW MARKET
far below market
against the median for houses in Sofia (892 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
42 m²
Land Area
42 m²
Construction
Modular Construction
Yield analysis
Strong investment rating
Monthly payment119 €20% down payment · 20 yrs · 3%
Expected rent3,139 €at market conditions for the neighbourhood
The rent covers 2630% 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▲ 8.1% · 2,190 €
- 27,000 €
- 29,190 €▲ 2,190 € (8.1%)
Property analysis
This house is priced about 79,000 € below the typical price (the median) for houses in Sofia (892 properties) — 640 €/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 119 €, against an expected local rent of 3,139 €. The rent covers the whole payment (2630%).
This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 268 days. The asking price has risen by 2,190 € (8.1%) since it was first listed.
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
+10% above market
median 2,260 €/m² for comparable properties
351,925 € 2,495 €/m²
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−8% below market
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At market level
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