Sale

Two-room apartment with terrace in Mladost 4, Sofia

SofiaMladost 4

Published: 1 July 2026 Updated: 2 October 2026

Sale245,000 €4,083 €/m²

Expected rent712 € /mo

~81,500 € ABOVE MARKET

overpriced

against the median for 2-room apartments in Mladost 4 (146 properties)

Area

60 m²

Floor

1 / 10

Construction

Brick

Year

2025

Heating

Local Heating

Yield analysis

Low investment rating

3.5% / yr

Monthly payment1,087 €20% down payment · 20 yrs · 3%

Expected rent712 €at market conditions for the neighbourhood

The rent covers 66% of the payment — you top up about 375 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 29 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

2 changes since listing▼ 3.9% · 10,000 €

255,000 €1 July 2026Initial price
249,900 €▼ 5,100 € (2%) 29 July 2026Price reduced
245,000 €▼ 4,900 € (2%) 12 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 81,500 € above the typical price (the median) for 2-room apartments in Mladost 4 (146 properties) — 4,083 €/m² against 2,727 €/m².

The offered property is a two-room apartment in Sofia city, Mladost 4 district, located in the gated complex 'Iris Park'. The apartment has a floor area of 60 sq m and is situated on the first floor of a 10-storey brick building, built in 2025. The layout includes a living room with kitchenette, bedroom, bathroom with toilet, storage room and entrance hall, with a large terrace overlooking the complex. The building is new-build with underfloor heating via heat pump and air conditioners in every room, providing efficient temperature control. The location is convenient, close to a metro station, large stores, public transport and main boulevards, facilitating daily commuting. The property is suitable for people seeking housing in a gated complex with good infrastructure and functional layout.

With 20% down over 20 years the monthly mortgage payment is about 1,087 €, against an expected local rent of 712 €. The rent covers 66% of it.

The asking price has fallen by 10,000 € (3.9%) since it was first listed.

Source: Market statistics for 2-room apartments in Mladost 4

Pros and cons

AI summary

Pros

functional layout
new brick building
large terrace
gated complex

Cons

ground floor

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 2 times — about 4% below the original asking price.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2025.
Is there damp, is there enough daylight, and what is the noise like?
Because: The property is on the first floor.
Is there enough daylight during the day?
Because: The advertised exposure has no southern side.