median 2,517 €/m² for comparable properties
Rent covers ~ 329% of the payment
~ 3,139 €/mo rent · pays for itself in ~ 6 yrs
~129,500 € BELOW MARKET
far below market
against the median for houses in Sofia (892 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Strong investment rating
The rent covers 442% 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 129,500 € below the typical price (the median) for houses in Sofia (892 properties) — 1,391 €/m² against 2,517 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
House with a built-up area of 115 sq m, located in the Lyulin district of Sofia.
The layout includes a slab on each floor and an internal bathroom, providing convenience and functionality.
The construction is brick from 1980, and the property requires renovation, implying additional investment for updating.
The location is in a well-known residential area with access to urban infrastructure and green spaces.
Suitable for family use with potential for adaptation according to the needs of the new owners.
With 20% down over 20 years the monthly mortgage payment is about 710 €, against an expected local rent of 3,139 €. The rent covers the whole payment (442%).
This property is advertised in 3 offers, all from the same agency. All offers are at the same price. It has been listed for 107 days. The asking price has fallen by 85,000 € (34.7%) 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 ~ 329% of the payment
~ 3,139 €/mo rent · pays for itself in ~ 6 yrs
median 2,517 €/m² for comparable properties
Rent covers ~ 157% of the payment
~ 3,139 €/mo rent · pays for itself in ~ 12 yrs