Two-room prefab panel apartment with two terraces in Hadzhi Dimitar, Sofia

This apartment is priced about 29,000 € below the typical price (the median) for 2-room apartments in Hadji Dimityr (86 properties) — 2,196 €/m² against 2,639 €/m².

This two-room apartment is located in the Hadzhi Dimitar district, on Rezbarska St in Sofia. The property is situated on a middle, third floor in a prefab panel building with an elevator and access control. Its floor area is 66 sq m, suitable for a small family or couple.

The layout includes a corridor, bathroom, separate toilet, kitchen with access to a glazed terrace, living room with south aspect and access to a second glazed terrace, bedroom, and storage room. The apartment is internal with a view of the courtyard and children's playground. It is possible to convert it into two bedrooms.

The building is prefab panel; the entrance is maintained and clean, with new window frames and a working elevator. The apartment requires full renovation, which is an important factor when planning the investment.

The location is well connected, with convenient access to public transport and proximity to main amenities. The surroundings offer tranquility and green areas suitable for families.

The apartment is suitable for people looking for a property with renovation potential in a well-established area.

With 20% down over 20 years the monthly mortgage payment is about 643 €, against an expected local rent of 645 €. The rent covers the whole payment (100%).

This property is advertised in 2 offers from 2 different sellers. The gap between the cheapest and the dearest is 6,000 €. It has been listed for 242 days.

Source: Market statistics for 2-room apartments in Hadji Dimityr