−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
Sale344,900 €4,857 €/m²
Expected rent735 € /mo
~102,500 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Centyr (438 properties)
Area
71 m²
Floor
2 / 6
Construction
Brick
Yield analysis
Low investment rating
Monthly payment1,530 €20% down payment · 20 yrs · 3%
Expected rent735 €at market conditions for the neighbourhood
The rent covers 48% of the payment — you top up about 795 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 39 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
2 changes since listing▼ 8% · 30,000 €
- 374,900 €
- 349,900 €▼ 25,000 € (6.7%)
- 344,900 €▼ 5,000 € (1.4%)
Property analysis
This apartment is priced about 102,500 € above the typical price (the median) for 2-room apartments in Centyr (438 properties) — 4,857 €/m² against 3,414 €/m².
The offered two-room apartment is located in a historic building from the 1930s in the heart of Sofia, on Tsar Asen St. With an area of 71 sq m and situated on the second floor of six, the property offers possibilities for residential use, office, or investment with rental potential. The layout includes two separate rooms and a kitchen, currently furnished and used as a law office. The presence of a balcony and a basement complements the functionality of the dwelling. The location provides easy access to key administrative and cultural sites, which is an advantage both for living and business.
With 20% down over 20 years the monthly mortgage payment is about 1,530 €, against an expected local rent of 735 €. The rent covers 48% of it.
The asking price has fallen by 30,000 € (8%) since it was first listed.
Pros and cons
AI summaryPros
- central location
- balcony
- basement
- flexible use
Cons
- possible need for renovation
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Is there still room to negotiate, and why has it not sold yet?
Because: The price has been cut 2 times — about 8% below the original asking price.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 239 days.
Is there enough daylight, and does damp appear? What are the heating bills like?
Because: The advertised exposure faces north only.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- bedrooms: 2
- kitchen: 1
- balcony/terrace: 1
Exposure
AI summaryNNorth
Even light, cooler during summer
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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