−13% below market
median 2,974 €/m² for comparable properties
1,350,000 € 2,596 €/m²
Rent covers ~ 38% of the payment
~ 2,302 €/mo rent · you top up ~ 3,688 €/mo
Sale99,999 €3,225 €/m²
Expected rent3,143 € /mo
~22,000 € ABOVE MARKET
overpriced
against the median for houses in Sofia (890 properties)
Area
31 m²
Land Area
50 m²
Construction
Brick
Year
1980
Yield analysis
Strong investment rating
Monthly payment444 €20% down payment · 20 yrs · 3%
Expected rent3,143 €at market conditions for the neighbourhood
The rent covers 708% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 3 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 22,000 € above the typical price (the median) for houses in Sofia (890 properties) — 3,225 €/m² against 2,519 €/m².
With 20% down over 20 years the monthly mortgage payment is about 444 €, against an expected local rent of 3,143 €. The rent covers the whole payment (708%).
This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 87 days.
Details
- Category
- Residential
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.