+44% above market
median 2,872 €/m² for comparable properties
289,000 € 4,128 €/m²
Rent covers ~ 46% of the payment
~ 596 €/mo rent · you top up ~ 686 €/mo
Sale144,000 €2,666 €/m²
Expected rent596 € /mo
AT MARKET LEVEL
fairly priced
against the median for 2-room apartments in Mladost 3 (75 properties)
Area
54 m²
Floor
11 / 14
Construction
EPC
Year
1980
Heating
District Heating
Yield analysis
Fair investment rating
Monthly payment639 €20% down payment · 20 yrs · 3%
Expected rent596 €at market conditions for the neighbourhood
The rent covers 93% of the payment — you top up about 43 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 20 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
3 changes since listing▼ 6.5% · 10,000 €
- 154,000 €
- 150,000 €▼ 4,000 € (2.6%)
- 148,000 €▼ 2,000 € (1.3%)
- 144,000 €▼ 4,000 € (2.7%)
Property analysis
This apartment is priced at the typical price (the median) for 2-room apartments in Mladost 3 (75 properties) — 2,666 €/m² against 2,872 €/m².
The apartment is located in the residential complex Mladost 3, Filip Avramov St, Sofia. It includes a living room, bedroom, kitchen, terrace, bathroom, corridor, and a niche for a wardrobe. It is possible to incorporate the kitchen into the living room for a larger living area. The building is brick, built in 1980, with an elevator and is on the 11th floor of 14. The property needs renovation. The location is in a well-developed urban area with convenient access to transport and services. It is suitable for people looking for a home with potential for redevelopment in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 639 €, against an expected local rent of 596 €. The rent covers 93% of it.
The asking price has fallen by 10,000 € (6.5%) since it was first listed.
Source: Market statistics for 2-room apartments in Mladost 3
Pros and cons
AI summaryPros
- panoramic view
- elevator
- possibility for incorporation
Cons
- needs renovation
Questions for the viewing
Only on imotesaDerived 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 6% below the original asking price.
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.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 years old.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living room
- bedroom
- kitchen
Amenities
- Elevator
- Needs Renovation
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 1
Location
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