Sale

Two-room apartment in Borovo with separate kitchen

SofiaBorovo

Published: 1 August 2026 Updated: 30 September 2026

Sale168,000 €2,800 €/m²

Expected rent628 € /mo

~23,500 € BELOW MARKET

good value

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

Area

60 m²

Floor

2 / 6

Construction

Panel

Year

1970

Heating

District Heating

Yield analysis

Fair investment rating

4.5% / yr

Monthly payment745 €20% down payment · 20 yrs · 3%

Expected rent628 €at market conditions for the neighbourhood

The rent covers 84% of the payment — you top up about 117 €/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▼ 1.2% · 2,000 €

170,000 €1 August 2026Initial price
168,000 €▼ 2,000 € (1.2%) 29 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 23,500 € below the typical price (the median) for 2-room apartments in Borovo (40 properties) — 2,800 €/m² against 3,192 €/m².

2-room apartment in Sofia, Borovo district, located on the second floor of a six-storey prefab panel building.

The layout includes a corridor, separate kitchen, bedroom, and living room with southeast aspect and a view of greenery, as well as separate bathroom and toilet.

The building is prefab panel from 1970, maintained and equipped with an elevator; the apartment has replaced window frames and radiators but needs renovation.

The location is convenient, close to Borovo market and multiple transport connections.

The property is suitable for people seeking a home with a functional layout in a central urban environment with potential for updating.

With 20% down over 20 years the monthly mortgage payment is about 745 €, against an expected local rent of 628 €. The rent covers 84% of it.

The asking price has fallen by 2,000 € (1.2%) since it was first listed.

Source: Market statistics for 2-room apartments in Borovo

Pros and cons

AI summary

Pros

functional layout
southeast aspect
elevator
close to transport

Cons

needs renovation

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 12% below the average for comparable properties.
Is there still room to negotiate?
Because: The price has been cut once, by about 1%.
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.