+37% above market
median 2,353 €/m² for comparable properties
669,500 € 3,234 €/m²
Rent covers ~ 106% of the payment
~ 3,139 €/mo rent · pays for itself in ~ 18 yrs
Sale375,000 €1,865 €/m²
Expected rent3,139 € /mo
~98,000 € BELOW MARKET
good value
against the median for houses in Knyajevo (29 properties)
Area
201 m²
Land Area
1,218 m²
Construction
Brick
Yield analysis
Strong investment rating
Monthly payment1,664 €20% down payment · 20 yrs · 3%
Expected rent3,139 €at market conditions for the neighbourhood
The rent covers 189% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 10 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▼ 3.8% · 15,000 €
- 390,000 €
- 375,000 €▼ 15,000 € (3.8%)
Property analysis
This house is priced about 98,000 € below the typical price (the median) for houses in Knyajevo (29 properties) — 1,865 €/m² against 2,353 €/m².
The property is a house with a total built-up area of 201 sq m, located in the Knyazhevo district of Sofia. It comes with a plot of 1218 sq m with access to two streets and a view of Vitosha.
The layout includes a basement with a garage and storage rooms, first and second floors with living rooms and bedrooms, as well as an attic space. There are several terraces that add to the functionality of the home.
The construction is brick, the house is finished but requires renovation and completion works. Utilities are provided – electricity (single-phase and three-phase), water, and a septic tank.
The location is close to natural areas such as Knyazhevska Forest and the path to Kopito, with convenient access to public transport and essential amenities.
The property is suitable for those seeking a home near nature with the possibility to renovate according to personal preferences.
With 20% down over 20 years the monthly mortgage payment is about 1,664 €, against an expected local rent of 3,139 €. The rent covers the whole payment (189%).
The asking price has fallen by 15,000 € (3.8%) since it was first listed.
Pros and cons
AI summaryPros
- access to two streets
- Vitosha view
- utilities provided
- large plot
Cons
- needs renovation
Layout
- basement
- bedroom
- living room
- kitchen
- hallway
- bathroom
- bedroom
- hallway
- bathroom
Amenities
- Needs Renovation
Details
- Category
- Residential
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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