Sale

Two-room apartment with terrace in Lyulin 6, Sofia

SofiaLyulin 6

Published: 3 March 2026 Updated: 7 September 2026

Sale97,000 €2,063 €/m²

Expected rent530 € /mo

AT MARKET LEVEL

fairly priced

against the median for 2-room apartments in Lyulin 6 (70 properties)

Area

47 m²

Floor

3 / 8

Construction

Panel

Year

1980

Heating

District Heating

Yield analysis

Good investment rating

6.6% / yr

Monthly payment430 €20% down payment · 20 yrs · 3%

Expected rent530 €at market conditions for the neighbourhood

The rent covers 123% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

4 changes since listing▼ 16% · 18,500 €

115,500 €1 March 2026Initial price
119,500 €▲ 4,000 € (3.5%) 2 March 2026Price increased
113,500 €▼ 6,000 € (5%) 4 June 2026Price reduced
105,000 €▼ 8,500 € (7.5%) 3 July 2026Price reduced
97,000 €▼ 8,000 € (7.6%) 7 September 2026Price reducedCurrent

Property analysis

This apartment is priced at the typical price (the median) for 2-room apartments in Lyulin 6 (70 properties) — 2,063 €/m² against 2,064 €/m².

The apartment is located in Sofia city, Lyulin 6 district, on Aleksandar Grubchev St.
The layout includes a bedroom, living room with kitchenette, bathroom with toilet, and terrace, as well as a basement with an area of 5 sq m.
The building is a prefab panel from 1980, with an elevator, but the property needs full renovation.
The location is in a residential area with good urban infrastructure and transport access.
It is suitable for people looking for a functional property with potential for renovation in an urban environment.

With 20% down over 20 years the monthly mortgage payment is about 430 €, against an expected local rent of 530 €. The rent covers the whole payment (123%).

The asking price has fallen by 18,500 € (16%) since it was first listed.

Source: Market statistics for 2-room apartments in Lyulin 6

Pros and cons

AI summary

Pros

elevator
terrace
basement
good location

Cons

needs renovation
prefab panel construction

Questions for the viewing

Only on imotesa

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

Is there still room to negotiate, and why has it not sold yet?
Because: The price has been cut 3 times — about 16% below the original asking price.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 215 days.
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.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 years old.