−38% below market
median 2,517 €/m² for comparable properties
249,999 € 1,562 €/m²
Rent covers ~ 284% of the payment
~ 3,150 €/mo rent · pays for itself in ~ 7 yrs
Sale225,000 €1,551 €/m²
Expected rent3,150 € /mo
~140,000 € BELOW MARKET
good value
against the median for houses in Sofia (897 properties)
Area
145 m²
Land Area
200 m²
Construction
Brick
Year
1980
Heating
Local Heating
Yield analysis
Strong investment rating
Monthly payment998 €20% down payment · 20 yrs · 3%
Expected rent3,150 €at market conditions for the neighbourhood
The rent covers 316% 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.
Price history
1 change since listing▼ 4.3% · 10,000 €
- 235,000 €
- 225,000 €▼ 10,000 € (4.3%)
Property analysis
This house is priced about 140,000 € below the typical price (the median) for houses in Sofia (897 properties) — 1,551 €/m² against 2,517 €/m².
With 20% down over 20 years the monthly mortgage payment is about 998 €, against an expected local rent of 3,150 €. The rent covers the whole payment (316%).
The asking price has fallen by 10,000 € (4.3%) since it was first listed.
Amenities
- Internet Connection
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
−27% below market
median 2,517 €/m² for comparable properties
140,000 € 1,842 €/m²
Rent covers ~ 507% of the payment
~ 3,150 €/mo rent · pays for itself in ~ 4 yrs