Sale

Two-room apartment in Ilinden, Sofia on the second floor

SofiaIlinden
Published: 8 May 2026 Updated: 6 August 2026
Sale125,000 €2,016 €/m²
Expected rent604 € /mo

~39,000 € BELOW MARKET

good value

against the median for 2-room apartments in Ilinden (40 properties)

Area
62 m²
Floor
2 / 3
Construction
Brick
Year
1960
Heating
District Heating

Yield analysis

Fair investment rating

5.8% / yr
Monthly payment555 €20% down payment · 20 yrs · 3%
Expected rent604 €at market conditions for the neighbourhood

The rent covers 109% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 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▼ 2.3% · 3,000 €
  1. 128,000 €5 July 2026Initial price
  2. 125,000 €▼ 3,000 € (2.3%) 6 August 2026Price reducedCurrent

Property analysis

This apartment is priced about 39,000 € below the typical price (the median) for 2-room apartments in Ilinden (40 properties) — 2,016 €/m² against 2,644 €/m².

Two-room apartment in the Ilinden district of Sofia, located on Naicho Tsanov St.

The property has 62 sq m and is situated on the second floor of a three-storey building. The layout includes two main rooms suitable for residential use.

The building is brick construction, built in 1960, which implies a need for updating some elements and installations.

The district offers a quiet urban environment with convenient access to the city centre and main transport links.

The apartment is suitable for people looking for a functional home with the possibility of renovation and adaptation according to personal needs.

With 20% down over 20 years the monthly mortgage payment is about 555 €, against an expected local rent of 604 €. The rent covers the whole payment (109%).

The asking price has fallen by 3,000 € (2.3%) since it was first listed.

Source: Market statistics for 2-room apartments in Ilinden

Pros and cons

AI summary
Pros
  • brick construction
  • functional layout
  • second floor
Cons
  • needs updating
  • older building

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

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

    Because: The price per m² is about 24% below the average for comparable properties.

  2. Is there still room to negotiate?

    Because: The price has been cut once, by about 2%.

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

    Because: The building dates from 1960 — about 66 years old.

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

Details

Category
Residential
Rooms
2

Approximate location

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

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