Sale

Multifunctional space with 1 room in Reduta, Sofia

SofiaReduta
Published: 3 July 2026 Updated: 23 September 2026
Sale99,500 €2,487 €/m²
Expected rent668 € /mo

~20,000 € BELOW MARKET

good value

against the median for apartments in Reduta (134 properties)

Area
40 m²
Floor
0 / 6
Construction
Brick
Year
2002

Yield analysis

Strong investment rating

8.1% / yr
Monthly payment441 €20% down payment · 20 yrs · 3%
Expected rent668 €at market conditions for the neighbourhood

The rent covers 151% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 12 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▼ 5.2% · 5,500 €
  1. 105,000 €6 February 2026Initial price
  2. 102,000 €▼ 3,000 € (2.9%) 5 June 2026Price reduced
  3. 99,500 €▼ 2,500 € (2.5%) 5 August 2026Price reducedCurrent

Property analysis

This apartment is priced about 20,000 € below the typical price (the median) for apartments in Reduta (134 properties) — 2,487 €/m² against 2,989 €/m².

The property is a multifunctional space in Sofia, Reduta district.

The layout includes a large room, a small room suitable for a kitchenette, a corridor, and a bathroom with toilet.

The building is brick, built in 2002, with a total of 6 floors, and the property is located on the ground floor. Internet, video surveillance, and access control are available.

The location is quiet and well-connected, close to Geo Milev Park, providing convenience and greenery in the area.

It is suitable both as an office and as a small residence, with investment potential and guaranteed rent.

With 20% down over 20 years the monthly mortgage payment is about 441 €, against an expected local rent of 668 €. The rent covers the whole payment (151%).

This property is advertised in 4 offers from 2 different sellers. All offers are at the same price. It has been listed for 238 days. The asking price has fallen by 5,500 € (5.2%) since it was first listed.

Source: Market statistics for apartments in Reduta

Pros and cons

AI summary
Pros
  • quiet location
  • close to park
  • internet and video surveillance
  • guaranteed rent
Cons
  • ground floor
  • shop status

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 17% 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 5% below the original asking price.

  3. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 238 days.

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

Layout

  • large room
  • small room
  • corridor

Amenities

  • Internet Connection
  • Video Surveillance
  • Access Control

Details

Category
Residential
Rooms
1
Bathrooms
1

Approximate location

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

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