+34% above market
median 1,852 €/m² for comparable properties
247,500 € 2,475 €/m²
Rent covers ~ 286% of the payment
~ 3,142 €/mo rent · pays for itself in ~ 7 yrs
Sale450,000 €1,451 €/m²
Expected rent3,142 € /mo
~124,000 € BELOW MARKET
good value
against the median for houses in Orlandovci (27 properties)
Area
310 m²
Construction
Brick
Year
2006
Yield analysis
Strong investment rating
Monthly payment1,997 €20% down payment · 20 yrs · 3%
Expected rent3,142 €at market conditions for the neighbourhood
The rent covers 157% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 12 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 124,000 € below the typical price (the median) for houses in Orlandovci (27 properties) — 1,451 €/m² against 1,852 €/m².
House with total floor area of 310 sq m in the district of Orlandovtsi, Sofia.
The layout includes on the first level a living room, kitchen and dining room; on the second level three bedrooms with a walk-in closet and a bathroom with toilet; and the third level is a studio with a walk-in closet and a bathroom with toilet.
The building is brick from 2006, in need of interior refreshing and exterior insulation, with flooring already installed and walls and bathrooms finished.
The yard has an area of 410 sq m and includes an additional small house of 81 sq m, suitable for a sauna or living.
The property is located in an urban environment, about 15 minutes from the centre of Sofia, providing convenient access to city infrastructure.
With 20% down over 20 years the monthly mortgage payment is about 1,997 €, against an expected local rent of 3,142 €. The rent covers the whole payment (157%).
Pros and cons
AI summaryPros
- functional layout
- yard
- brick construction
- close to centre
Cons
- needs refreshing
- needs insulation
Layout
- living room
- kitchen
- dining room
- bedroom
- bedroom
- bedroom
- studio
Details
- Category
- Residential
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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