−42% below market
median 3,500 €/m² for comparable properties
245,000 € 2,024 €/m²
Rent covers ~ 101% of the payment
~ 1,095 €/mo rent · pays for itself in ~ 19 yrs
Sale420,000 €6,666 €/m²
Expected rent1,095 € /mo
~205,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Centyr (438 properties)
Area
63 m²
Floor
6 / 6
Construction
Brick
Year
1950
Heating
District Heating
Yield analysis
Low investment rating
Monthly payment1,863 €20% down payment · 20 yrs · 3%
Expected rent1,095 €at market conditions for the neighbourhood
The rent covers 59% of the payment — you top up about 768 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 32 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 205,000 € above the typical price (the median) for 2-room apartments in Centyr (438 properties) — 6,666 €/m² against 3,414 €/m².
2-room apartment in Sofia city, Center district, on Tsar Osvoboditel Blvd.
The layout includes a spacious entrance hall, separate kitchen with dining area, bright living room, large bedroom, bathroom with toilet and storage room, providing convenient internal functionality.
The building is a stone construction with elevator and controlled access, and heating is district heating. The property is in need of full renovation, allowing adaptation according to the new owner's needs.
The location is in a prestigious and well-developed area, close to key city landmarks and transport connections, with views of the St. Alexander Nevsky Cathedral and the Russian Church.
The property is suitable for people seeking a home with potential in a central urban environment, combining convenience and the possibility for personalization.
With 20% down over 20 years the monthly mortgage payment is about 1,863 €, against an expected local rent of 1,095 €. The rent covers 59% of it.
This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 84 days.
Pros and cons
AI summaryPros
- panoramic view
- functional layout
- elevator
- central location
Cons
- full renovation
- top floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Who am I negotiating with, and who is authorised to agree a price?
Because: The property appears in 2 listings at the same price.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1950 — about 76 years old.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- entrance hall
- kitchen
- dining area
- living room
- bedroom
- bathroom
Amenities
- Elevator
- Access Control
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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