At market level
median 2,833 €/m² for comparable properties
890,000 € 2,918 €/m²
Rent covers ~ 76% of the payment
~ 3,001 €/mo rent · you top up ~ 948 €/mo
Sale750,000 €3,750 €/m²
Expected rent3,001 € /mo
~183,500 € ABOVE MARKET
overpriced
against the median for houses in Simeonovo (91 properties)
Area
200 m²
Land Area
1,015 m²
Floor
2 / 3
Construction
Brick
Year
1980
Heating
Gas
Yield analysis
Fair investment rating
Monthly payment3,328 €20% down payment · 20 yrs · 3%
Expected rent3,001 €at market conditions for the neighbourhood
The rent covers 90% of the payment — you top up about 327 €/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 183,500 € above the typical price (the median) for houses in Simeonovo (91 properties) — 3,750 €/m² against 2,833 €/m².
House in Sofia city, Simeonovo district, located at the foot of the mountain. The property is on an asphalt road with access to a large yard of one decare.
The layout includes a ground floor with a garage for more than two cars and utility rooms, first floor with living room, kitchenette, bathroom-toilet and two verandas, second floor with three bedrooms, bathroom-toilet and panoramic L-shaped terrace. The attic space offers potential for additional rooms or offices.
The construction is brick from 1980, the structure is solid but the property needs renovation and modernization. There is a built stone fence and convenient access with a large gate and maneuvering alley.
The location is quiet, close to nature and offers conditions for family living with the possibility to create workspaces.
The property is suitable for people looking for a spacious home with potential for personalization in a quiet area near the mountain.
With 20% down over 20 years the monthly mortgage payment is about 3,328 €, against an expected local rent of 3,001 €. The rent covers 90% of it.
Pros and cons
AI summaryPros
- large yard
- garage for multiple cars
- quality construction
- panoramic terrace
Cons
- needs renovation
- older construction
Layout
- garage
- living room
- kitchenette
- bedroom
- bedroom
- bedroom
Amenities
- With Parking
- Needs Renovation
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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