Cozy two-room apartment with east aspect in Mladost 4, Sofia

This apartment is priced about 10,000 € below the typical price (the median) for 1-room apartments in Mladost 4 (31 properties) — 2,755 €/m² against 3,000 €/m².

The offered property is a two-room apartment with an area of 50 sq m, located in the Mladost 4 district of Sofia. The apartment is on the first floor of an eight-storey prefab panel building, built in 1980.

The layout includes a bright living room with a daytime atmosphere, a functional kitchen, and an internal bedroom with a window facing the living room, providing private space. The east aspect allows for morning sunlight and warmth.

The building is insulated and maintained, equipped with an elevator and access control, which contributes to low heating costs and additional security. The apartment is fully furnished and ready to move in.

The location is well connected, close to public transport, shops, schools, and green areas, facilitating daily life and providing conveniences in the area.

The property is suitable both for living and as an investment for rental purposes.

With 20% down over 20 years the monthly mortgage payment is about 621 €, against an expected local rent of 712 €. The rent covers the whole payment (115%).

The asking price has fallen by 10,000 € (6.9%) since it was first listed.

Source: Market statistics for 1-room apartments in Mladost 4