+10% above market
median 2,325 €/m² for comparable properties
565,000 € 2,568 €/m²
Rent covers ~ 125% of the payment
~ 3,143 €/mo rent · pays for itself in ~ 15 yrs
Sale189,500 €2,283 €/m²
Expected rent3,143 € /mo
~19,500 € BELOW MARKET
good value
against the median for houses in Sofia (890 properties)
Area
83 m²
Land Area
300 m²
Construction
Brick
Year
1960
Yield analysis
Strong investment rating
Monthly payment841 €20% down payment · 20 yrs · 3%
Expected rent3,143 €at market conditions for the neighbourhood
The rent covers 374% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 5 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 19,500 € below the typical price (the median) for houses in Sofia (890 properties) — 2,283 €/m² against 2,519 €/m².
With 20% down over 20 years the monthly mortgage payment is about 841 €, against an expected local rent of 3,143 €. The rent covers the whole payment (374%).
Amenities
- Needs Renovation
Details
- Category
- Residential
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
+108% above market
median 2,519 €/m² for comparable properties
325,000 € 5,241 €/m²
Rent covers ~ 218% of the payment
~ 3,143 €/mo rent · pays for itself in ~ 9 yrs