At market level
median 2,517 €/m² for comparable properties
399,000 € 2,319 €/m²
Rent covers ~ 178% of the payment
~ 3,150 €/mo rent · pays for itself in ~ 11 yrs
Sale196,000 €980 €/m²
Expected rent3,150 € /mo
~307,500 € BELOW MARKET
far below market
against the median for houses in Sofia (895 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
200 m²
Land Area
1,028 m²
Construction
Brick
Year
1995
Yield analysis
Strong investment rating
Monthly payment870 €20% down payment · 20 yrs · 3%
Expected rent3,150 €at market conditions for the neighbourhood
The rent covers 362% 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.
Price history
1 change since listing▼ 7.1% · 15,000 €
- 211,000 €
- 196,000 €▼ 15,000 € (7.1%)
Property analysis
This house is priced about 307,500 € below the typical price (the median) for houses in Sofia (895 properties) — 980 €/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 870 €, against an expected local rent of 3,150 €. The rent covers the whole payment (362%).
The asking price has fallen by 15,000 € (7.1%) since it was first listed.
Amenities
- With Parking
Details
- Category
- Residential
- Bathrooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
−91% below market
median 2,517 €/m² for comparable properties
12,500 € 223 €/m²
Rent covers ~ 5680% of the payment
~ 3,150 €/mo rent · pays for itself in ~ 0 yrs