−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
Sale185,000 €2,642 €/m²
Expected rent735 € /mo
~54,000 € BELOW MARKET
good value
against the median for 2-room apartments in Centyr (438 properties)
Area
70 m²
Floor
7 / 7
Construction
Brick
Heating
District Heating
Yield analysis
Fair investment rating
Monthly payment821 €20% down payment · 20 yrs · 3%
Expected rent735 €at market conditions for the neighbourhood
The rent covers 90% of the payment — you top up about 86 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
9 changes since listing▼ 6.3% · 12,500 €
- 197,500 €
- 197,500 €▲ 0 € (0%)
- 197,500 €▲ 0 € (0%)
- 197,500 €▲ 0 € (0%)
- 195,000 €▼ 2,500 € (1.3%)
- 195,000 €▲ 0 € (0%)
- 185,000 €▼ 10,000 € (5.1%)
- 185,000 €▲ 0 € (0%)
- 185,000 €▲ 0 € (0%)
- 185,000 €▲ 0 € (0%)
Property analysis
This apartment is priced about 54,000 € below the typical price (the median) for 2-room apartments in Centyr (438 properties) — 2,642 €/m² against 3,414 €/m².
The apartment is located in Sofia city, Center, in a brick building with renovated common areas and an elevator. The layout includes an entrance hall, spacious living room, separate kitchen, bedroom, bathroom with toilet, and two large terraces. The property is on the top floor and is prepared for full renovation, allowing reconfiguration according to the owners' needs. The building offers free parking and has an adjacent basement. The location is well connected, close to Vasil Levski Blvd, Zaimov Park, and Oborishte Park, as well as schools and kindergartens. This makes the property suitable for urban living with access to green spaces and amenities. The property is suitable for people looking for a home with potential for adaptation in a central urban environment.
With 20% down over 20 years the monthly mortgage payment is about 821 €, against an expected local rent of 735 €. The rent covers 90% of it.
This property is advertised in 4 offers, all from the same agency. All offers are at the same price. It has been listed for 119 days. The asking price has fallen by 12,500 € (6.3%) since it was first listed.
Pros and cons
AI summaryPros
- functional layout
- two terraces
- brick construction
- elevator
Cons
- top floor
- needs full renovation
Questions for the viewing
Only on imotesaDerived 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 23% below the average for comparable properties.
Is there still room to negotiate, and why has it not sold yet?
Because: The price has been cut 2 times — about 6% below the original asking price.
Who am I negotiating with, and who is authorised to agree a price?
Because: The property appears in 4 listings at the same price.
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.
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
- hall
- living room
- kitchen
- bedroom
- bathroom
Amenities
- Elevator
- With Parking
- Needs Renovation
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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