Sale

2-room apartment in Nadezhda 2 with potential for conversion

SofiaNadejda 2
Published: 9 August 2026 Updated: 8 September 2026
Sale110,200 €1,836 €/m²
Expected rent600 € /mo

~27,500 € BELOW MARKET

good value

against the median for 2-room apartments in Nadejda 2 (93 properties)

Area
60 m²
Floor
2 / 4
Construction
Panel

Yield analysis

Good investment rating

6.5% / yr
Monthly payment489 €20% down payment · 20 yrs · 3%
Expected rent600 €at market conditions for the neighbourhood

The rent covers 123% 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.

Property analysis

This apartment is priced about 27,500 € below the typical price (the median) for 2-room apartments in Nadejda 2 (93 properties) — 1,836 €/m² against 2,298 €/m².

Apartment with two rooms in Sofia, district Nadezhda 2, located on the second floor of a four-storey prefab panel building. The property has a floor area of 60 sq m and includes a bedroom, living room, kitchen with balcony, and bathroom with toilet.

The layout is non-walk-through, and the aspect is northeast/southwest, providing varied daylight. There is potential to convert it into a three-room apartment.

The building is prefab panel from the 1970s, the entrance has restricted access and is in good condition. The apartment requires full renovation, with only the window frames replaced by PVC. Heating is central district heating.

The location offers amenities such as proximity to kindergarten, schools, shops, and public transport stops, including the metro two stops away. The area features a large park and a local market.

The property is suitable for families seeking a home with potential for adaptation and conveniences in a well-developed district.

With 20% down over 20 years the monthly mortgage payment is about 489 €, against an expected local rent of 600 €. The rent covers the whole payment (123%).

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

Pros and cons

AI summary
Pros
  • non-walk-through layout
  • central district heating
  • close to metro
  • potential for conversion
Cons
  • prefab panel construction
  • needs full renovation

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 20% below the average for comparable properties.

  2. What is the scope of the work, and are there hidden problems with the wiring or plumbing?

    Because: The listing states that the property needs renovation.

  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

  • bedroom
  • living room
  • kitchen

Amenities

  • With Parking
  • Internet Connection
  • Access Control
  • Needs Renovation

Exposure

AI summary
NNorth

Even light, cooler during summer

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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