Sale

Two-room apartment with south aspect in Nadezhda 1, Sofia

SofiaNadejda 1

Published: 4 February 2026 Updated: 1 October 2026

Sale105,000 €2,500 €/m²

Expected rent613 € /mo

AT MARKET LEVEL

fairly priced

against the median for 1-room apartments in Nadejda 1 (16 properties)

Area

42 m²

Floor

7 / 8

Construction

Panel

Year

1980

Heating

District Heating

Yield analysis

Good investment rating

7% / yr

Monthly payment466 €20% down payment · 20 yrs · 3%

Expected rent613 €at market conditions for the neighbourhood

The rent covers 132% 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

4 changes since listing▼ 12.5% · 15,000 €

120,000 €10 March 2026Initial price
116,900 €▼ 3,100 € (2.6%) 17 March 2026Price reduced
115,000 €▼ 1,900 € (1.6%) 5 May 2026Price reduced
109,900 €▼ 5,100 € (4.4%) 6 July 2026Price reduced
105,000 €▼ 4,900 € (4.5%) 6 August 2026Price reducedCurrent

Property analysis

This apartment is priced at the typical price (the median) for 1-room apartments in Nadejda 1 (16 properties) — 2,500 €/m² against 2,659 €/m².

The offered two-room apartment is located in a prefab panel building from the 1980s in the Nadezhda 1 district of Sofia. It is situated on the 7th of 8 floors, with a south aspect that provides good natural light and warmth. The property is internal and offers a functional layout with a corridor, living room with a large loggia, separate kitchen, and spacious bathroom with toilet. The common areas of the building are well maintained and renovated, with new PVC windows. The location is convenient, close to two metro stations, a school, kindergartens, and a polyclinic, as well as green spaces and parking areas. The apartment is in good overall condition but requires renovation, allowing for customization according to the future owner's needs.

With 20% down over 20 years the monthly mortgage payment is about 466 €, against an expected local rent of 613 €. The rent covers the whole payment (132%).

The asking price has fallen by 15,000 € (12.5%) since it was first listed.

Source: Market statistics for 1-room apartments in Nadejda 1

Pros and cons

AI summary

Pros

south aspect
good location
close to metro
wide streets and greenery

Cons

needs renovation

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 4 times — about 13% below the original asking price.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 239 days.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 years old.