Studio with potential for conversion in Lyulin 5, Sofia

This apartment is priced at the typical price (the median) for 1-room apartments in Lyulin 5 (25 properties) — 2,188 €/m² against 2,208 €/m².

Studio with an area of 42 sq m in the district of Lyulin 5, Sofia. The apartment is located on the third floor of an eight-storey prefab panel building.

The layout includes a wide corridor, a spacious bathroom, and the possibility to enclose the terrace, allowing conversion into a two-room apartment. There is also a basement with an area of 2.41 sq m.

The building is prefab panel from 1990, with an elevator and maintained entrance. The apartment requires full renovation and modernization of installations and rooms.

The district is well-organized with convenient access to transport and parking, while video surveillance and access control provide additional security.

The property is suitable for buyers looking for a functional home with the possibility to personalise according to their needs.

With 20% down over 20 years the monthly mortgage payment is about 408 €, against an expected local rent of 516 €. The rent covers the whole payment (127%).

The asking price has fallen by 3,099 € (3.3%) since it was first listed.

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