At market level
median 2,833 €/m² for comparable properties
1,300,000 € 2,615 €/m²
Rent covers ~ 52% of the payment
~ 3,001 €/mo rent · you top up ~ 2,767 €/mo
Sale1,800,000 €3,750 €/m²
Expected rent3,001 € /mo
~440,000 € ABOVE MARKET
overpriced
against the median for houses in Simeonovo (91 properties)
Area
480 m²
Land Area
840 m²
Construction
Brick
Year
2025
Yield analysis
Low investment rating
Monthly payment7,986 €20% down payment · 20 yrs · 3%
Expected rent3,001 €at market conditions for the neighbourhood
The rent covers 38% of the payment — you top up about 4,985 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 50 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
4 changes since listing▲ 44% · 550,000 €
- 1,250,000 €
- 1,000,000 €▼ 250,000 € (20%)
- 1,600,000 €▲ 600,000 € (60%)
- 1,900,000 €▲ 300,000 € (18.8%)
- 1,800,000 €▼ 100,000 € (5.3%)
Property analysis
This house is priced about 440,000 € above the typical price (the median) for houses in Simeonovo (91 properties) — 3,600 €/m² against 2,833 €/m².
House with an area of 480 sq m, located in the district of Simeonovo, Sofia.
The layout includes high ceilings and aluminum windows with triple glazing, with heating provided by underfloor heating throughout the house.
The building is a new-build from 2025, constructed with brick materials and equipped with internet, video surveillance, and access control.
The location offers tranquility and convenient access to urban infrastructure in one of the preferred residential areas.
The property is suitable for family use, combining comfort and modern amenities in a quiet area close to nature.
With 20% down over 20 years the monthly mortgage payment is about 7,986 €, against an expected local rent of 3,001 €. The rent covers 38% of it.
The asking price has risen by 550,000 € (44%) since it was first listed.
Pros and cons
AI summaryPros
- underfloor heating
- high ceilings
- triple glazing
- video surveillance
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Amenities
- With Parking
- Internet Connection
- Video Surveillance
- Access Control
- Renovated
Details
- Category
- Residential
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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At market level
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