+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
Sale900,000 €3,600 €/m²
Expected rent2,978 € /mo
~193,000 € ABOVE MARKET
overpriced
against the median for houses in Simeonovo (91 properties)
Area
250 m²
Land Area
900 m²
Floor
3 / 3
Construction
Brick
Year
1970
Heating
Local Heating
Yield analysis
Low investment rating
Monthly payment3,993 €20% down payment · 20 yrs · 3%
Expected rent2,978 €at market conditions for the neighbourhood
The rent covers 75% of the payment — you top up about 1,015 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 25 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 193,000 € above the typical price (the median) for houses in Simeonovo (91 properties) — 3,600 €/m² against 2,828 €/m².
House with a total area of 250 sq m, located in the Simeonovo district, Zelena Krusha St, Sofia city.
The layout includes two main floors and a basement with a garage and boiler room, with the living room, kitchen, bathroom, and toilet on the first floor, and two bedrooms and a toilet on the second floor.
The construction is brick from 1970, with the property in good condition featuring local heating and wood carvings as decorative elements.
The yard has two terraces and borders three properties, providing some degree of privacy, while the presence of a garage and parking facilitates parking.
The property is suitable for family use with a functional layout and conveniences for everyday life in a quiet urban environment.
With 20% down over 20 years the monthly mortgage payment is about 3,993 €, against an expected local rent of 2,978 €. The rent covers 75% of it.
Pros and cons
AI summaryPros
- garage
- local heating
- two terraces
- functional layout
Cons
- top floor
- construction from 1970
Layout
- living room
- bathroom
- toilet
- kitchen
- stairs
- corridor
- garage
- basement
- bedroom
- toilet
Amenities
- With Parking
Details
- Category
- Residential
- Bathrooms
- 2
- 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
−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
−18% below market
median 2,828 €/m² for comparable properties
420,000 € 2,333 €/m²
Rent covers ~ 160% of the payment
~ 2,978 €/mo rent · pays for itself in ~ 12 yrs