Sale

Two-room apartment with terrace in Ivan Vazov, Sofia

SofiaIvan Vazov

Published: 9 August 2026 Updated: 9 August 2026

Sale259,999 €3,611 €/m²

Expected rent914 € /mo

~39,500 € BELOW MARKET

good value

against the median for 3-room apartments in Ivan Vazov (26 properties)

Area

72 m²

Floor

2 / 4

Construction

Brick

Year

1940

Yield analysis

Fair investment rating

4.2% / yr

Monthly payment1,154 €20% down payment · 20 yrs · 3%

Expected rent914 €at market conditions for the neighbourhood

The rent covers 79% of the payment — you top up about 240 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 24 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 39,500 € below the typical price (the median) for 3-room apartments in Ivan Vazov (26 properties) — 3,611 €/m² against 4,162 €/m².

Two-room apartment in the Ivan Vazov district, Sofia. It is located on the second floor of a four-storey building, built in 1940 with brick construction.

The layout includes a corridor, living room with access to a terrace, bedroom with access to the same terrace, kitchen, and bathroom with toilet, as well as a storage/laundry room. The aspect is east and southeast, providing good natural light.

The building is renovated, which improves thermal insulation and appearance, but there is no information about additional amenities such as an elevator or parking space.

The location is close to Yuzhen Park, NDK and Levski Rakovski sports complex, with easy access to public transport, shops and educational institutions. The area offers a balance between tranquility and convenience.

The property is suitable for living in a central urban environment with good connections and proximity to green spaces.

With 20% down over 20 years the monthly mortgage payment is about 1,154 €, against an expected local rent of 914 €. The rent covers 79% of it.

Source: Market statistics for 3-room apartments in Ivan Vazov

Pros and cons

AI summary

Pros

functional layout
renovated building
close to park
central location

Cons

no elevator
no parking space

Questions for the viewing

Only on imotesa

Derived 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 13% below the average for comparable properties.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1940 — about 86 years old.

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