Sale

House in Sofia, Simeonovo

SofiaSimeonovo
Published: 7 December 2024 Updated: 7 December 2024
Sale1,100,000 €2,522 €/m²
Expected rent2,978 € /mo

~133,000 € BELOW MARKET

good value

against the median for houses in Simeonovo (91 properties)

Area
436 m²
Land Area
2,701 m²
Construction
Brick

Yield analysis

Low investment rating

3.2% / yr
Monthly payment4,880 €20% down payment · 20 yrs · 3%
Expected rent2,978 €at market conditions for the neighbourhood

The rent covers 61% of the payment — you top up about 1,902 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 31 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 133,000 € below the typical price (the median) for houses in Simeonovo (91 properties) — 2,522 €/m² against 2,828 €/m².

With 20% down over 20 years the monthly mortgage payment is about 4,880 €, against an expected local rent of 2,978 €. The rent covers 61% of it.

Source: Market statistics for houses in Simeonovo

Details

Category
Residential
Bathrooms
3

Location

Similar properties nearby