Spacious two-room apartment in Mladost 1 with south aspect

This apartment is priced about 34,000 € below the typical price (the median) for 2-room apartments in Mladost 1 (49 properties) — 2,674 €/m² against 3,069 €/m².

The offered property is a two-room apartment with an area of 86 sq m, located in the Mladost 1 district of Sofia. The layout includes a large entrance hall, spacious living room, separate bedroom, kitchen, bathroom with toilet, laundry room, and terrace. The apartment is in need of renovation, allowing for customization according to the future owner's needs. The building is brick, with an elevator and well-maintained common areas. The location provides convenient access to the metro, public transport, schools, and shops, making the property suitable for urban living with good infrastructure. The property is suitable both for personal use and as an investment with the potential to be converted into a three-room apartment.

With 20% down over 20 years the monthly mortgage payment is about 1,020 €, against an expected local rent of 620 €. The rent covers 61% of it.

This property is advertised in 3 offers, all from the same agency. The gap between the cheapest and the dearest is 20,000 €. It has been listed for 86 days. The asking price has fallen by 20,000 € (8%) since it was first listed.

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