−9% below market
median 2,847 €/m² for comparable properties
320,658 € 2,606 €/m²
Rent covers ~ 58% of the payment
~ 830 €/mo rent · you top up ~ 593 €/mo
Sale148,000 €2,740 €/m²
Expected rent596 € /mo
AT MARKET LEVEL
fairly priced
against the median for 2-room apartments in Mladost 3 (76 properties)
Area
54 m²
Floor
11 / 14
Construction
EPC
Year
1980
Heating
District Heating
Yield analysis
Fair investment rating
Monthly payment657 €20% down payment · 20 yrs · 3%
Expected rent596 €at market conditions for the neighbourhood
The rent covers 91% of the payment — you top up about 61 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 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▼ 9.8% · 16,000 €
- 164,000 €
- 162,000 €▼ 2,000 € (1.2%)
- 157,000 €▼ 5,000 € (3.1%)
- 160,000 €▲ 3,000 € (1.9%)
- 154,000 €▼ 6,000 € (3.8%)
- 149,999 €▼ 4,001 € (2.6%)
- 148,000 €▼ 1,999 € (1.3%)
Property analysis
This apartment is priced at the typical price (the median) for 2-room apartments in Mladost 3 (76 properties) — 2,740 €/m² against 2,821 €/m².
The offered property is a two-room apartment with an area of 54 sq m, located in the Mladost 3 district of Sofia. It is situated on the 11th floor of 14 in an EPK prefab building from 1980.
The apartment has a non-walk-through layout, which ensures maximum use of space. It includes a spacious living room, a cozy bedroom, a kitchen with dining area potential, a terrace overlooking the inner courtyard, a bathroom with toilet, and a corridor with a niche for a built-in wardrobe. Additionally, there is an attic storage room.
The building is typical EPK prefab construction, known for its good durability and resilience. The apartment is unfurnished and requires renovation, offering the opportunity for customization according to the preferences of the new owners. Heating is district heating.
The location is convenient with excellent infrastructure, close to schools, kindergartens, shops and services, as well as easy access to public transport. There is free parking available nearby.
This property is suitable both for living and investment, providing a good base for renovation and adaptation to the needs of future occupants.
With 20% down over 20 years the monthly mortgage payment is about 657 €, against an expected local rent of 596 €. The rent covers 91% of it.
The asking price has fallen by 16,000 € (9.8%) since it was first listed.
Source: Market statistics for 2-room apartments in Mladost 3
Pros and cons
AI summaryPros
- functional layout
- good infrastructure
- close to school and kindergarten
- high floor with view
Cons
- needs renovation
- EPK prefab construction
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 5 times — about 10% below the original asking price.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 218 days.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 years old.
Is there a lift in the building, and what condition is it in?
Because: The property is on floor 11 and the listing does not mention a lift.
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
- terrace
- bathroom
- corridor
- attic storage
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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