−21% below market
median 2,353 €/m² for comparable properties
375,000 € 1,865 €/m²
Rent covers ~ 189% of the payment
~ 3,139 €/mo rent · pays for itself in ~ 10 yrs
Sale230,000 €5,750 €/m²
Expected rent3,139 € /mo
~129,500 € ABOVE MARKET
overpriced
against the median for houses in Sofia (892 properties)
Area
40 m²
Land Area
726 m²
Construction
Brick
Year
2001
Yield analysis
Strong investment rating
Monthly payment1,020 €20% down payment · 20 yrs · 3%
Expected rent3,139 €at market conditions for the neighbourhood
The rent covers 308% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 6 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 129,500 € above the typical price (the median) for houses in Sofia (892 properties) — 5,750 €/m² against 2,517 €/m².
With 20% down over 20 years the monthly mortgage payment is about 1,020 €, against an expected local rent of 3,139 €. The rent covers the whole payment (308%).
This property is advertised in 3 offers, all from the same agency. All offers are at the same price. It has been listed for 116 days.
Amenities
- Renovated
- Needs Renovation
Details
- Category
- Residential
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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