+34% above market
median 1,852 €/m² for comparable properties
247,500 € 2,475 €/m²
Rent covers ~ 287% of the payment
~ 3,150 €/mo rent · pays for itself in ~ 7 yrs
Sale369,999 €550 €/m²
Expected rent3,150 € /mo
~1,321,500 € BELOW MARKET
far below market
against the median for houses in Sofia (897 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Area
672 m²
Land Area
966 m²
Construction
Brick
Year
1993
Yield analysis
Strong investment rating
Monthly payment1,642 €20% down payment · 20 yrs · 3%
Expected rent3,150 €at market conditions for the neighbourhood
The rent covers 192% 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
1 change since listing▲ 18.6% · 58,000 €
- 312,000 €
- 370,000 €▲ 58,000 € (18.6%)
Property analysis
This house is priced about 1,321,500 € below the typical price (the median) for houses in Sofia (897 properties) — 550 €/m² against 2,517 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
With 20% down over 20 years the monthly mortgage payment is about 1,642 €, against an expected local rent of 3,150 €. The rent covers the whole payment (192%).
This property is advertised in 2 offers, all from the same agency. The gap between the cheapest and the dearest is 1 €. It has been listed for 206 days. The asking price has risen by 58,000 € (18.6%) since it was first listed.
Amenities
- With Transition
- With Parking
- Leasing
- Internet Connection
- Active Business
- Video Surveillance
- Access Control
- Security
- Gated Community
- Needs Renovation
- Tax Credit Option
- Renovated
Details
- Category
- Residential
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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