Sale

Two-room apartment with south aspect in Modern Suburb, Sofia

SofiaModerno Predgradie
Published: 5 July 2026 Updated: 9 September 2026
Sale140,000 €1,917 €/m²
Expected rent844 € /mo

~23,000 € ABOVE MARKET

above market

against the median for 3-room apartments in Moderno Predgradie (28 properties)

Area
73 m²
Floor
2 / 9
Construction
Panel
Year
1980
Heating
District Heating

Yield analysis

Good investment rating

7.2% / yr
Monthly payment621 €20% down payment · 20 yrs · 3%
Expected rent844 €at market conditions for the neighbourhood

The rent covers 136% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 14 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▼ 12.5% · 20,000 €
  1. 160,000 €5 July 2026Initial price
  2. 145,000 €▼ 15,000 € (9.4%) 2 August 2026Price reduced
  3. 140,000 €▼ 5,000 € (3.4%) 9 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 23,000 € above the typical price (the median) for 3-room apartments in Moderno Predgradie (28 properties) — 1,917 €/m² against 1,601 €/m².

The offered property is a two-room apartment with an area of 73 sq m, located on the second floor of a prefab panel building on Vrah Mancho St, Modern Suburb, Sofia. The layout includes a spacious living room with kitchen and dining area, a separate bedroom, bathroom with toilet, and entrance hall. The building is prefab panel from 1980, with an elevator and maintained common areas, and the apartment has external thermal insulation and PVC windows. The location is convenient, close to public transport, metro station, schools, and supermarkets. The property is suitable for family use or investment with rental potential.

With 20% down over 20 years the monthly mortgage payment is about 621 €, against an expected local rent of 844 €. The rent covers the whole payment (136%).

The asking price has fallen by 20,000 € (12.5%) since it was first listed.

Source: Market statistics for 3-room apartments in Moderno Predgradie

Pros and cons

AI summary
Pros
  • south and east aspect
  • elevator
  • external thermal insulation
  • close to public transport
Cons
  • prefab panel construction

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 2 times — about 13% below the original asking price.

  2. Has the block been insulated under the renovation programme, and is there paperwork for it?

    Because: Prefabricated panel construction.

  3. 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

Amenities

  • Elevator
  • Renovated

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

EEast

Morning sun, cooler afternoons

Details

Category
Residential
Rooms
2
Bathrooms
1
Furnishing
Yes

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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