Sale

Two-room apartment with yard in Iztok district, Sofia

SofiaIztok
Published: 1 October 2026 Updated: 1 October 2026
Sale250,000 €1,666 €/m²
Expected rent644 € /mo

~355,000 € BELOW MARKET

far below market

against the median for 2-room apartments in Iztok (42 properties)

A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

Area
150 m²
Floor
1 / 3
Construction
Brick
Year
1960
Heating
District Heating

Yield analysis

Low investment rating

3.1% / yr
Monthly payment1,109 €20% down payment · 20 yrs · 3%
Expected rent644 €at market conditions for the neighbourhood

The rent covers 58% of the payment — you top up about 465 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 32 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 355,000 € below the typical price (the median) for 2-room apartments in Iztok (42 properties) — 1,666 €/m² against 4,032 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

2-room apartment in Sofia city, Iztok district, Latinka St. The property features a private yard of 90 sq m, providing additional outdoor space.

The layout includes functional and optimized rooms with a total area of 60 sq m, suitable for daily use and comfort.

The building is brick, built in 1960, with the apartment partially renovated but requiring further improvements. It is located on the first floor of a three-storey building.

The location is quiet and peaceful, close to a metro station, schools, and parks, facilitating access to urban infrastructure and offering conveniences for families.

The property is suitable for those seeking a balance between city life and green spaces with the possibility to customize the renovation.

With 20% down over 20 years the monthly mortgage payment is about 1,109 €, against an expected local rent of 644 €. The rent covers 58% of it.

Source: Market statistics for 2-room apartments in Iztok

Pros and cons

AI summary
Pros
  • private yard
  • functional layout
  • close to metro
  • quiet location
Cons
  • needs renovation
  • ground floor

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 59% below the average for comparable properties.

  2. 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.

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

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

  4. Is there damp, is there enough daylight, and what is the noise like?

    Because: The property is on the first floor.

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

Amenities

  • Renovated
  • Needs Renovation

Details

Category
Residential
Rooms
2
Furnishing
Yes

Approximate location

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

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