Sale

Two-room apartment in Nadezhda 4 with terrace and proximity to park

SofiaNadejda 4
Published: 3 August 2026 Updated: 5 September 2026
Sale109,999 €1,774 €/m²
Expected rent531 € /mo

~32,500 € BELOW MARKET

good value

against the median for 2-room apartments in Nadejda 4 (51 properties)

Area
62 m²
Floor
4 / 4
Construction
Panel
Year
1970
Heating
District Heating

Yield analysis

Fair investment rating

5.8% / yr
Monthly payment488 €20% down payment · 20 yrs · 3%
Expected rent531 €at market conditions for the neighbourhood

The rent covers 109% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 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▼ 4.3% · 5,001 €
  1. 115,000 €3 August 2026Initial price
  2. 109,999 €▼ 5,001 € (4.3%) 5 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 32,500 € below the typical price (the median) for 2-room apartments in Nadejda 4 (51 properties) — 1,692 €/m² against 2,301 €/m².

2-room apartment in Sofia, Nadezhda 4 district, located on the top floor of a prefab panel block. The property has an area of 62 sq m and features a terrace running along the entire length of the apartment.

The layout includes a living room, bedroom, separate kitchen, hallway, storage room, and bathroom, providing functional use of the space. The aspect is east-facing, offering morning light.

The building is prefab panel from 1970, with a recently renovated roof. Common areas have been updated with new window frames and controlled access. The interior condition of the apartment requires full renovation.

The location is quiet and well-connected, right next to the entrance of Severny Park, offering opportunities for relaxation and walks close to nature.

The property is suitable for those seeking a home with renovation potential in a peaceful urban environment with easy access to green spaces.

With 20% down over 20 years the monthly mortgage payment is about 488 €, against an expected local rent of 531 €. The rent covers the whole payment (109%).

The asking price has fallen by 5,001 € (4.3%) since it was first listed.

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

Pros and cons

AI summary
Pros
  • functional layout
  • terrace along entire length
  • close to park
  • roof renovation
Cons
  • top floor
  • 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 27% 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.

  4. Have the risers been replaced, and when was the roof last repaired?

    Because: The building dates from 1970 — about 56 years old.

  5. What condition is the roof in, and does it overheat in summer?

    Because: The property is on the top floor.

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
  • kitchen
  • hallway
  • storage room
  • bathroom
  • terrace

Exposure

AI summary
EEast

Morning sun, cooler afternoons

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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