median 2,517 €/m² for comparable properties
Rent covers ~ 418% of the payment
~ 3,150 €/mo rent · pays for itself in ~ 4 yrs
~41,500 € BELOW MARKET
good value
against the median for houses in Sofia (897 properties)
Strong investment rating
The rent covers 418% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 4 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This house is priced about 41,500 € below the typical price (the median) for houses in Sofia (897 properties) — 2,023 €/m² against 2,517 €/m².
House in Sofia city, Triagalnika district, single-storey with a wooden structure from 1960.
The layout includes five rooms and two bathrooms with toilets on the ground floor, as well as a basement with five separate rooms, offering possibilities for redevelopment.
The building requires full renovation, as the structure is a wooden frame and the condition necessitates updating all installations and finishing works.
The location is on a corner between two streets in a quiet and maintained area with eased parking.
The property is suitable for people looking for an opportunity to personalise their home in an urban environment with development potential.
With 20% down over 20 years the monthly mortgage payment is about 754 €, against an expected local rent of 3,150 €. The rent covers the whole payment (418%).
The asking price has fallen by 29,000 € (14.6%) since it was first listed.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 2,517 €/m² for comparable properties
Rent covers ~ 418% of the payment
~ 3,150 €/mo rent · pays for itself in ~ 4 yrs
median 2,517 €/m² for comparable properties
Rent covers ~ 84% of the payment
~ 3,150 €/mo rent · you top up ~ 621 €/mo