One-room apartment with terrace in Druzhba 1, Sofia

This apartment is priced about 18,000 € below the typical price (the median) for 1-room apartments in Drujba 1 (27 properties) — 2,111 €/m² against 2,510 €/m².

One-room apartment in the Druzhba 1 residential complex, Tirana St, Sofia. The floor area is 45 sq m with additional attic and basement space.
The layout includes a living room, separate room, kitchenette, and bathroom, with a spacious terrace of about 10 sq m used exclusively by this apartment.
The building is prefab panel from 1980, with a total of 12 floors and an available elevator; the apartment is located on the second floor. Renovation is needed for installations, flooring, bathroom, and kitchen.
The location is convenient with proximity to Druzhba metro station (M4), Druzhba park and lake, as well as main shops and schools. Good access to the city center and airport.
The property is suitable for investment or personal use after renovation, offering a balance between functionality and location.

With 20% down over 20 years the monthly mortgage payment is about 421 €, against an expected local rent of 600 €. The rent covers the whole payment (142%).

Source: Market statistics for 1-room apartments in Drujba 1