At market level
median 2,600 €/m² for comparable properties
550,000 € 2,750 €/m²
Rent covers ~ 38% of the payment
~ 917 €/mo rent · you top up ~ 1,523 €/mo
Sale489,000 €3,912 €/m²
Expected rent3,150 € /mo
~174,500 € ABOVE MARKET
overpriced
against the median for houses in Sofia (897 properties)
Area
125 m²
Land Area
708 m²
Floor
2 / 2
Construction
Brick
Year
1970
Yield analysis
Good investment rating
Monthly payment2,170 €20% down payment · 20 yrs · 3%
Expected rent3,150 €at market conditions for the neighbourhood
The rent covers 145% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 13 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▼ 0.1% · 500 €
- 489,500 €
- 489,000 €▼ 500 € (0.1%)
Property analysis
This house is priced about 174,500 € above the typical price (the median) for houses in Sofia (897 properties) — 3,912 €/m² against 2,517 €/m².
With 20% down over 20 years the monthly mortgage payment is about 2,170 €, against an expected local rent of 3,150 €. The rent covers the whole payment (145%).
This property is advertised in 3 offers, all from the same agency. The gap between the cheapest and the dearest is 500 €. It has been listed for 210 days. The asking price has fallen by 500 € (0.1%) since it was first listed.
Amenities
- With Parking
- Tax Credit Option
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 2
Location
Similar properties nearby
+52% above market
median 2,517 €/m² for comparable properties
440,000 € 3,826 €/m²
Rent covers ~ 161% of the payment
~ 3,150 €/mo rent · pays for itself in ~ 12 yrs