Sale

Two-room apartment in Nadezhda 2 with large balcony

SofiaNadejda 2
Published: 4 May 2026 Updated: 1 October 2026
Sale108,000 €1,800 €/m²
Expected rent605 € /mo

~30,000 € BELOW MARKET

good value

against the median for 2-room apartments in Nadejda 2 (97 properties)

Area
60 m²
Floor
2 / 4
Construction
Panel
Heating
Local Heating

Yield analysis

Good investment rating

6.7% / yr
Monthly payment479 €20% down payment · 20 yrs · 3%
Expected rent605 €at market conditions for the neighbourhood

The rent covers 126% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

1 change since listing▼ 3.6% · 4,000 €
  1. 112,000 €6 June 2026Initial price
  2. 108,000 €▼ 4,000 € (3.6%) 8 June 2026Price reducedCurrent

Property analysis

This apartment is priced about 30,000 € below the typical price (the median) for 2-room apartments in Nadejda 2 (97 properties) — 1,800 €/m² against 2,296 €/m².

The offered property is a two-room apartment in the Nadezhda 2 district, Sofia. It has an area of about 60 sq m and is located on the second floor of a prefab panel block with a total of four floors. The internal layout includes an entrance hall, kitchen, living room, bedroom, bathroom with toilet, and a large balcony. The apartment is vacant and has replaced window frames in all rooms but requires renovation. The building is prefab panel construction, with no data on the year of construction or additional amenities. The location is convenient, close to public transport, kindergartens, schools, supermarkets, and a metro station within walking distance. The property is suitable for people looking for a home with renovation potential in an urban environment.

With 20% down over 20 years the monthly mortgage payment is about 479 €, against an expected local rent of 605 €. The rent covers the whole payment (126%).

The asking price has fallen by 4,000 € (3.6%) since it was first listed.

Source: Market statistics for 2-room apartments in Nadejda 2

Pros and cons

AI summary
Pros
  • large balcony
  • replaced window frames
  • second floor
  • close to metro
Cons
  • needs renovation
  • 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. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 22% below the average for comparable properties.

  2. Is there still room to negotiate?

    Because: The price has been cut once, by about 4%.

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

    Because: Prefabricated panel construction.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Layout

  • entrance hall
  • kitchen
  • living room
  • bedroom

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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