+118% above market
median 2,828 €/m² for comparable properties
555,000 € 6,166 €/m²
Rent covers ~ 121% of the payment
~ 2,978 €/mo rent · pays for itself in ~ 16 yrs
Sale750,000 €4,166 €/m²
Expected rent2,978 € /mo
~241,000 € ABOVE MARKET
overpriced
against the median for houses in Simeonovo (91 properties)
Area
180 m²
Land Area
1,000 m²
Floor
0 / 0
Construction
Brick
Year
1998
Yield analysis
Fair investment rating
Monthly payment3,328 €20% down payment · 20 yrs · 3%
Expected rent2,978 €at market conditions for the neighbourhood
The rent covers 89% of the payment — you top up about 350 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 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 241,000 € above the typical price (the median) for houses in Simeonovo (91 properties) — 4,166 €/m² against 2,828 €/m².
House with a total built-up area of 180 sq m, located in the district of Simeonovo, Sofia.
The layout includes several rooms with functional distribution and access to a spacious yard of 1000 sq m.
The building was constructed in 1998 with brick construction, with no indications of needing renovation or additional improvements.
The location is quiet and peaceful, with established infrastructure and easy access, combining the conveniences of the city with proximity to nature.
The property is suitable for living or investment, offering a balance between comfort and privacy.
With 20% down over 20 years the monthly mortgage payment is about 3,328 €, against an expected local rent of 2,978 €. The rent covers 89% of it.
Pros and cons
AI summaryPros
- large yard
- brick construction
- quiet location
- good access
Cons
- ground floor
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
+25% above market
median 2,828 €/m² for comparable properties
2,300,000 € 3,538 €/m²
Rent covers ~ 29% of the payment
~ 2,978 €/mo rent · you top up ~ 7,227 €/mo
+37% above market
median 2,828 €/m² for comparable properties
1,450,000 € 3,866 €/m²
Rent covers ~ 46% of the payment
~ 2,978 €/mo rent · you top up ~ 3,455 €/mo
At market level
median 2,828 €/m² for comparable properties
890,000 € 2,908 €/m²
Rent covers ~ 75% of the payment
~ 2,978 €/mo rent · you top up ~ 971 €/mo
−17% below market
median 2,828 €/m² for comparable properties
599,900 € 2,352 €/m²
Rent covers ~ 112% of the payment
~ 2,978 €/mo rent · pays for itself in ~ 17 yrs
−34% below market
median 2,828 €/m² for comparable properties
930,000 € 1,871 €/m²
Rent covers ~ 72% of the payment
~ 2,978 €/mo rent · you top up ~ 1,148 €/mo
+27% above market
median 2,828 €/m² for comparable properties
900,000 € 3,600 €/m²
Rent covers ~ 75% of the payment
~ 2,978 €/mo rent · you top up ~ 1,015 €/mo
−9% below market
median 2,828 €/m² for comparable properties
1,080,000 € 2,571 €/m²
Rent covers ~ 62% of the payment
~ 2,978 €/mo rent · you top up ~ 1,814 €/mo