Sale−27% below market

House in Sofia, Obelya

SofiaObelya
Published: 2 May 2026 Updated: 24 September 2026
Sale380,000 €1,583 €/m²
Expected rent3,143 € /mo
Area
240 m²
Land Area
442 m²
Floor
2 / 2
Construction
Brick
Year
1980

Yield analysis

Strong investment rating

9.9% / yr
Monthly payment1,686 €20% down payment · 20 yrs · 3%
Expected rent3,143 €at market conditions for the neighbourhood

The rent covers 186% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 10 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

3 changes since listing▼ 5% · 19,900 €
  1. 399,900 €9 May 2026Initial price
  2. 399,000 €▼ 900 € (0.2%) 20 May 2026Price reduced
  3. 850,000 €▲ 451,000 € (113%) 27 May 2026Price increased
  4. 380,000 €▼ 470,000 € (55.3%) 24 September 2026Price reducedCurrent

Property analysis

This house is priced 27% below the typical price (the median) for comparable properties — 1,507 €/m² against 2,050 €/m².

With 20% down over 20 years the monthly mortgage payment is about 1,686 €, against an expected local rent of 3,143 €. The rent covers the whole payment (186%).

This property is advertised in 2 offers, all from the same agency. The gap between the cheapest and the dearest is 470,000 €. It has been listed for 152 days. The asking price has fallen by 19,900 € (5%) since it was first listed.

Source: Market statistics for houses in Obelya

Amenities

  • With Parking
  • Internet Connection
  • Renovated

Details

Category
Residential
Bathrooms
2
Furnishing
Yes

Location

Similar properties nearby

At market level

median 2,050 €/m² for comparable properties

380,330 € 2,148 €/m²
  • 177m²

Rent covers ~ 186% of the payment

~ 3,143 €/mo rent · pays for itself in ~ 10 yrs

At market level

median 2,050 €/m² for comparable properties

339,650 € 1,952 €/m²
  • 174m²
  • 2offers

Rent covers ~ 209% of the payment

~ 3,143 €/mo rent · pays for itself in ~ 9 yrs

−10% below market

median 2,050 €/m² for comparable properties

295,000 € 1,843 €/m²
  • 160m²

Rent covers ~ 240% of the payment

~ 3,143 €/mo rent · pays for itself in ~ 8 yrs

−10% below market

median 2,050 €/m² for comparable properties

295,000 € 1,843 €/m²
  • 160m²

Rent covers ~ 240% of the payment

~ 3,143 €/mo rent · pays for itself in ~ 8 yrs

+27% above market

median 2,050 €/m² for comparable properties

799,800 € 2,596 €/m²
  • 308m²

Rent covers ~ 89% of the payment

~ 3,143 €/mo rent · you top up ~ 406 €/mo