Sale

2-bedroom apartment in Sofia, Lyulin 1

SofiaLyulin 1
Published: 5 January 2026 Updated: 1 September 2026
Sale80,000 €1,600 €/m²
Expected rent411 € /mo

~25,500 € BELOW MARKET

good value

against the median for 2-room apartments in Lyulin 1 (44 properties)

Area
50 m²
Floor
5 / 5
Construction
Panel

Yield analysis

Good investment rating

6.2% / yr
Monthly payment355 €20% down payment · 20 yrs · 3%
Expected rent411 €at market conditions for the neighbourhood

The rent covers 116% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

6 changes since listing▼ 11.1% · 10,000 €
  1. 90,000 €8 November 2025Initial price
  2. 89,000 €▼ 1,000 € (1.1%) 10 February 2026Price reduced
  3. 83,000 €▼ 6,000 € (6.7%) 1 March 2026Price reduced
  4. 86,000 €▲ 3,000 € (3.6%) 6 March 2026Price increased
  5. 81,000 €▼ 5,000 € (5.8%) 7 April 2026Price reduced
  6. 83,000 €▲ 2,000 € (2.5%) 4 July 2026Price increased
  7. 80,000 €▼ 3,000 € (3.6%) 1 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 25,500 € below the typical price (the median) for 2-room apartments in Lyulin 1 (44 properties) — 1,600 €/m² against 2,109 €/m².

With 20% down over 20 years the monthly mortgage payment is about 355 €, against an expected local rent of 411 €. The rent covers the whole payment (116%).

The asking price has fallen by 10,000 € (11.1%) since it was first listed.

Source: Market statistics for 2-room apartments in Lyulin 1

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, and why has it not sold yet?

    Because: The price has been cut 4 times — about 11% below the original asking price.

  3. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 328 days.

  4. 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.

  5. Has the block been insulated under the renovation programme, and is there paperwork for it?

    Because: Prefabricated panel construction.

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

Amenities

  • Needs Renovation

Details

Category
Residential
Rooms
2
Bathrooms
1

Location

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