Sale

Two-room apartment with large balcony in Borovo, Sofia

SofiaBorovo

Published: 9 July 2026 Updated: 1 October 2026

Sale165,500 €2,758 €/m²

Expected rent626 € /mo

~26,000 € BELOW MARKET

good value

against the median for 2-room apartments in Borovo (40 properties)

Area

60 m²

Floor

6 / 6

Construction

Panel

Year

1970

Heating

District Heating

Yield analysis

Fair investment rating

4.5% / yr

Monthly payment734 €20% down payment · 20 yrs · 3%

Expected rent626 €at market conditions for the neighbourhood

The rent covers 85% of the payment — you top up about 108 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

1 change since listing▼ 2.1% · 3,500 €

169,000 €7 September 2026Initial price
165,500 €▼ 3,500 € (2.1%) 18 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 26,000 € below the typical price (the median) for 2-room apartments in Borovo (40 properties) — 2,758 €/m² against 3,192 €/m².

Two-room apartment in Sofia city, Borovo district, Sveta Marina St. The property is located on the 6th floor of 6 in a prefab panel block from 1970.

The layout includes a spacious living room, bedroom with walk-in closet and separate kitchen, as well as a large balcony accessible from both the kitchen and living room. The bathroom and toilet are separate, and the property includes an adjacent basement storage.

The building is maintained, with an elevator and replaced PVC windows. Heating is district heating. The apartment is in good condition and ready for moving in or renting out.

The location is convenient, close to TB-9, kindergarten, shops and schools in the area.

The property is suitable for people looking for a functional home in a well-established urban area with amenities within walking distance.

With 20% down over 20 years the monthly mortgage payment is about 734 €, against an expected local rent of 626 €. The rent covers 85% of it.

The asking price has fallen by 3,500 € (2.1%) since it was first listed.

Source: Market statistics for 2-room apartments in Borovo

Pros and cons

AI summary

Pros

functional layout
southern aspect
large balcony
good condition

Cons

top floor
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.

Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 14% below the average for comparable properties.
Is there still room to negotiate?
Because: The price has been cut once, by about 2%.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1970 — about 56 years old.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.