Sale

One-room apartment in Lyulin 5 with small balcony

SofiaLyulin 5
Published: 9 May 2026 Updated: 2 August 2026
Sale40,000 €1,739 €/m²
Expected rent516 € /mo

~11,000 € BELOW MARKET

good value

against the median for 1-room apartments in Lyulin 5 (25 properties)

Area
23 m²
Floor
4 / 8
Construction
Panel
Year
1980

Yield analysis

Strong investment rating

15.5% / yr
Monthly payment177 €20% down payment · 20 yrs · 3%
Expected rent516 €at market conditions for the neighbourhood

The rent covers 291% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 6 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▼ 30.4% · 17,500 €
  1. 57,500 €9 May 2026Initial price
  2. 49,000 €▼ 8,500 € (14.8%) 8 June 2026Price reduced
  3. 40,000 €▼ 9,000 € (18.4%) 2 August 2026Price reducedCurrent

Property analysis

This apartment is priced about 11,000 € below the typical price (the median) for 1-room apartments in Lyulin 5 (25 properties) — 1,739 €/m² against 2,208 €/m².

One-room apartment in the district of Lyulin 5, Sofia.
The layout includes a corridor, room, small balcony, bathroom and toilet, which is typical for this type of property.
The building is prefab panel, built in 1980, the apartment is on the 4th of 8 floors and requires full renovation. There is no elevator, and there is information about the presence of Roma population in the block.
The location is convenient, close to public transport stops, a school and shops.
The property is suitable for people looking for a budget solution with the possibility of renovation and adaptation according to their needs.

With 20% down over 20 years the monthly mortgage payment is about 177 €, against an expected local rent of 516 €. The rent covers the whole payment (291%).

The asking price has fallen by 17,500 € (30.4%) since it was first listed.

Source: Market statistics for 1-room apartments in Lyulin 5

Pros and cons

AI summary
Pros
  • convenient location
  • small balcony
  • unfurnished
Cons
  • needs full renovation
  • no elevator
  • prefab panel building

Questions for the viewing

Only on imotesa

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

  1. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 21% below the average for comparable properties.

  2. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 2 times — about 30% below the original asking price.

  3. Has the block been insulated under the renovation programme, and is there paperwork for it?

    Because: Prefabricated panel construction.

  4. Have the risers been replaced, and when was the roof last repaired?

    Because: The building dates from 1980 — about 46 years old.

  5. Is there a lift in the building, and what condition is it in?

    Because: The property is on floor 4 and the listing does not mention a lift.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Layout

  • corridor
  • room
  • balcony
  • bathroom
  • toilet

Details

Category
Residential
Rooms
1
Bathrooms
1

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

Similar properties nearby