Sale

Studio with balcony in Lyulin 3, Sofia, south aspect

SofiaLyulin 3

Published: 5 January 2026 Updated: 28 September 2026

Sale119,000 €2,704 €/m²

Expected rent536 € /mo

AT MARKET LEVEL

fairly priced

against the median for 1-room apartments in Lyulin 3 (17 properties)

Area

44 m²

Floor

2 / 8

Construction

Panel

Heating

District Heating

Yield analysis

Fair investment rating

5.4% / yr

Monthly payment528 €20% down payment · 20 yrs · 3%

Expected rent536 €at market conditions for the neighbourhood

The rent covers 102% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 19 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▲ 3% · 3,500 €

115,500 €4 March 2026Initial price
116,000 €▲ 500 € (0.4%) 7 March 2026Price increased
119,000 €▲ 3,000 € (2.6%) 6 April 2026Price increasedCurrent

Property analysis

This apartment is priced at the typical price (the median) for 1-room apartments in Lyulin 3 (17 properties) — 2,704 €/m² against 2,744 €/m².

Studio in Sofia city, Lyulin 3 district, located on the second floor of a prefab panel building from 1975.

The apartment has a functional layout with a living and sleeping area, separate kitchen, corridor, and bathroom with toilet, as well as a balcony off the living room.

The building is prefab panel construction with an elevator and access control; the apartment has wooden window frames and requires full renovation.

The location is well connected and convenient, close to schools, kindergartens, market, and metro station, with a quiet neighbourhood offering various amenities.

The property is suitable for living or investment considering its location and functionality.

With 20% down over 20 years the monthly mortgage payment is about 528 €, against an expected local rent of 536 €. The rent covers the whole payment (102%).

The asking price has risen by 3,500 € (3%) since it was first listed.

Source: Market statistics for 1-room apartments in Lyulin 3

Pros and cons

AI summary

Pros

south aspect
balcony
elevator
access control

Cons

needs full renovation
prefab panel construction

Questions for the viewing

Only on imotesa

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

What changed since the listing went up — a renovation, paperwork, something else?
Because: The price is about 3% higher than when it was first advertised.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 271 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.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.