Sale

Studio with renovation potential in Krasno selo, Sofia

SofiaKrasno Selo

Published: 10 February 2026 Updated: 5 September 2026

Sale95,000 €3,166 €/m²

Expected rent803 € /mo

~10,500 € ABOVE MARKET

above market

against the median for 1-room apartments in Krasno Selo (12 properties)

Area

30 m²

Floor

3 / 16

Construction

EPC

Year

1970

Heating

District Heating

Yield analysis

Strong investment rating

10.1% / yr

Monthly payment421 €20% down payment · 20 yrs · 3%

Expected rent803 €at market conditions for the neighbourhood

The rent covers 191% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 10 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

2 changes since listing▼ 9.5% · 10,000 €

105,000 €9 April 2026Initial price
99,000 €▼ 6,000 € (5.7%) 7 May 2026Price reduced
95,000 €▼ 4,000 € (4%) 7 August 2026Price reducedCurrent

Property analysis

This apartment is priced about 10,500 € above the typical price (the median) for 1-room apartments in Krasno Selo (12 properties) — 3,166 €/m² against 2,824 €/m².

The offered property is a one-room apartment with studio status, located on the third floor of a 1970 building in the Krasno selo district of Sofia. The documented area is 26.26 sq m, to which an attic space of 4.50 sq m is added, suitable for storage. The property has household electricity and water, replaced window frames and entrance door, but requires full renovation. The location provides access to urban infrastructure and local amenities.

With 20% down over 20 years the monthly mortgage payment is about 421 €, against an expected local rent of 803 €. The rent covers the whole payment (191%).

The asking price has fallen by 10,000 € (9.5%) since it was first listed.

Source: Market statistics for 1-room apartments in Krasno Selo

Pros and cons

AI summary

Pros

studio status
replaced window frames
attic space
central location

Cons

needs renovation

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

Is there still room to negotiate, and why has it not sold yet?
Because: The price has been cut 2 times — about 10% below the original asking price.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 234 days.
What is the scope of the work, and are there hidden problems with the wiring or plumbing?
Because: The listing states that the property needs renovation.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1970 — about 56 years old.