Sale

Two-room apartment in Botunets with balcony and renovation potential

SofiaBotunets 2
Published: 9 January 2026 Updated: 30 September 2026
Sale57,000 €1,017 €/m²
Expected rent844 € /mo

~88,500 € BELOW MARKET

far below market

against the median for apartments in Sofia (20,728 properties)

A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

Area
56 m²
Floor
6 / 7
Construction
Panel
Year
1980

Yield analysis

Strong investment rating

17.8% / yr
Monthly payment253 €20% down payment · 20 yrs · 3%
Expected rent844 €at market conditions for the neighbourhood

The rent covers 334% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 6 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▲ 18.8% · 9,000 €
  1. 48,000 €9 July 2026Initial price
  2. 57,000 €▲ 9,000 € (18.8%) 1 August 2026Price increasedCurrent

Property analysis

This apartment is priced about 88,500 € below the typical price (the median) for apartments in Sofia (20,728 properties) — 1,017 €/m² against 2,594 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

Two-room apartment in Sofia, district Botunets 2, located on the 6th of 7 floors. It has a total area of 56 sq m and includes 1 bedroom, living room, and balcony. The internal layout allows optimal use of space, with the possibility for renovation according to personal preferences. The building is prefab panel, built in 1980, with the property requiring renovation and refreshing. The location offers a quiet and peaceful environment with convenient access to public transport, schools, and shops. The property is suitable for families looking for a home with potential in a well-established district.

With 20% down over 20 years the monthly mortgage payment is about 253 €, against an expected local rent of 844 €. The rent covers the whole payment (334%).

The asking price has risen by 9,000 € (18.8%) since it was first listed.

Source: Market statistics for apartments in Sofia

Pros and cons

AI summary
Pros
  • functional layout
  • balcony
  • quiet district
Cons
  • needs renovation
  • 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.

  1. What changed since the listing went up — a renovation, paperwork, something else?

    Because: The price is about 19% higher than when it was first advertised.

  2. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 61% below the average for comparable properties.

  3. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 265 days.

  4. Has the block been insulated under the renovation programme, and is there paperwork for it?

    Because: Prefabricated panel construction.

  5. Have the risers been replaced, and when was the roof last repaired?

    Because: The building dates from 1980 — about 46 years old.

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

Layout

  • bedroom
  • living room

Details

Category
Residential
Rooms
2
Bathrooms
1

Approximate location

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

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