−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
Sale140,000 €1,842 €/m²
Expected rent3,150 € /mo
~51,500 € BELOW MARKET
good value
against the median for houses in Sofia (895 properties)
Area
76 m²
Land Area
271 m²
Floor
0 / 0
Construction
Wooden Frame
Year
1940
Yield analysis
Strong investment rating
Monthly payment621 €20% down payment · 20 yrs · 3%
Expected rent3,150 €at market conditions for the neighbourhood
The rent covers 507% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 4 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▼ 17.6% · 30,000 €
- 170,000 €
- 140,000 €▼ 30,000 € (17.6%)
Property analysis
This house is priced about 51,500 € below the typical price (the median) for houses in Sofia (895 properties) — 1,842 €/m² against 2,517 €/m².
With 20% down over 20 years the monthly mortgage payment is about 621 €, against an expected local rent of 3,150 €. The rent covers the whole payment (507%).
The asking price has fallen by 30,000 € (17.6%) since it was first listed.
Details
- Category
- Residential
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
−38% below market
median 2,517 €/m² for comparable properties
225,000 € 1,551 €/m²
Rent covers ~ 316% of the payment
~ 3,150 €/mo rent · pays for itself in ~ 6 yrs