Sale

Two-room apartment with terrace in Borovo, Sofia

SofiaBorovo
Published: 10 May 2026 Updated: 1 September 2026
Sale179,900 €2,645 €/m²
Expected rent626 € /mo

~37,000 € BELOW MARKET

good value

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

Area
68 m²
Floor
1 / 6
Construction
Panel
Year
1960
Heating
District Heating

Yield analysis

Fair investment rating

4.2% / yr
Monthly payment798 €20% down payment · 20 yrs · 3%
Expected rent626 €at market conditions for the neighbourhood

The rent covers 78% of the payment — you top up about 172 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 24 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Property analysis

This apartment is priced about 37,000 € below the typical price (the median) for 2-room apartments in Borovo (40 properties) — 2,570 €/m² against 3,192 €/m².

2-room apartment in the Borovo district of Sofia, on the first floor of a prefab panel block from the 1960s. The property has a floor area of 68 sq m and includes a 5 sq m basement.

The layout is non-walk-through with a separate kitchen, living room, bedroom, storage room, bathroom, and separate toilet, as well as a long terrace spanning three of the rooms.

The building is prefab panel construction with an elevator and access control, heated by district heating, but the apartment is in a condition that requires full renovation.

The location is convenient with multiple public transport stops in front of the block, close to kindergarten, schools, shops, and healthcare facilities. The district is quiet and green with developed infrastructure.

The property is suitable for buyers looking for a home with potential for personal renovation in a well-established urban area.

With 20% down over 20 years the monthly mortgage payment is about 798 €, against an expected local rent of 626 €. The rent covers 78% of it.

Source: Market statistics for 2-room apartments in Borovo

Pros and cons

AI summary
Pros
  • non-walk-through layout
  • long terrace
  • elevator
  • good location
Cons
  • needs full renovation
  • north aspect
  • ground floor

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 20% below the average for comparable properties.

  2. What is the scope of the work, and are there hidden problems with the wiring or plumbing?

    Because: The listing states that the property needs renovation.

  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 1960 — about 66 years old.

  5. Is there damp, is there enough daylight, and what is the noise like?

    Because: The property is on the first floor.

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

Layout

  • living room
  • bedroom
  • kitchen
  • corridor
  • storage room
  • bathroom
  • toilet

Amenities

  • Elevator
  • Access Control
  • Needs Renovation

Exposure

AI summary
NNorth

Even light, cooler during summer

Details

Category
Residential
Rooms
2
Bathrooms
2
Furnishing
Yes

Approximate location

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

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