+34% above market
median 1,852 €/m² for comparable properties
247,500 € 2,475 €/m²
Rent covers ~ 286% of the payment
~ 3,139 €/mo rent · pays for itself in ~ 7 yrs
Sale347,000 €2,891 €/m²
Expected rent3,139 € /mo
~125,000 € ABOVE MARKET
overpriced
against the median for houses in Orlandovci (27 properties)
Area
120 m²
Construction
Brick
Year
1960
Yield analysis
Strong investment rating
Monthly payment1,540 €20% down payment · 20 yrs · 3%
Expected rent3,139 €at market conditions for the neighbourhood
The rent covers 204% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 9 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 125,000 € above the typical price (the median) for houses in Orlandovci (27 properties) — 2,891 €/m² against 1,852 €/m².
House in the district of Orlandovtsi, Sofia, with a total area of 120 sq m and a yard of 291 sq m.
The layout includes a basement (32 sq m), ground floor (50 sq m) and converted attic space (38 sq m), used as a studio, providing additional functionality.
The building was constructed from brick in 1960, renovated and insulated, equipped with a solar panel for hot water and air conditioners, improving energy efficiency.
The location is convenient with proximity to shops, schools, kindergartens and a tram stop about 4 minutes on foot, providing quick access to the centre of Sofia.
The property is suitable for family living with a good combination of indoor spaces and outdoor areas.
With 20% down over 20 years the monthly mortgage payment is about 1,540 €, against an expected local rent of 3,139 €. The rent covers the whole payment (204%).
Pros and cons
AI summaryPros
- functional layout
- yard with parking spaces
- renovated building
- good location
Cons
- older construction
Layout
- basement 32 sq m
- ground floor 50 sq m
- attic space 38 sq m
Details
- Category
- Residential
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
−30% below market
median 1,852 €/m² for comparable properties
349,999 € 1,296 €/m²
Rent covers ~ 202% of the payment
~ 3,139 €/mo rent · pays for itself in ~ 9 yrs
−27% below market
median 1,852 €/m² for comparable properties
152,000 € 1,345 €/m²
Rent covers ~ 465% of the payment
~ 3,139 €/mo rent · pays for itself in ~ 4 yrs
−22% below market
median 1,852 €/m² for comparable properties
450,000 € 1,451 €/m²
Rent covers ~ 157% of the payment
~ 3,139 €/mo rent · pays for itself in ~ 12 yrs
−10% below market
median 1,852 €/m² for comparable properties
239,000 € 1,659 €/m²
Rent covers ~ 296% of the payment
~ 3,139 €/mo rent · pays for itself in ~ 6 yrs
+14% above market
median 1,852 €/m² for comparable properties
148,000 € 2,114 €/m²
Rent covers ~ 478% of the payment
~ 3,139 €/mo rent · pays for itself in ~ 4 yrs
+14% above market
median 1,852 €/m² for comparable properties
148,000 € 2,114 €/m²
Rent covers ~ 478% of the payment
~ 3,139 €/mo rent · pays for itself in ~ 4 yrs
At market level
median 1,852 €/m² for comparable properties
355,000 € 1,272 €/m²
Rent covers ~ 199% of the payment
~ 3,139 €/mo rent · pays for itself in ~ 9 yrs