2-room apartment with two entrances in Oborishte, Sofia

This apartment is priced about 24,000 € below the typical price (the median) for 2-room apartments in Oborishte (104 properties) — 3,606 €/m² against 4,000 €/m².

The offered property is a 2-room apartment with an area of 61 sq m, located in the Oborishte district, Sofia. The layout includes a vestibule with living room, bedroom, separate kitchen, and a large bathroom, with two separate entrances – one from the street and one through the building entrance. The building is brick, built in 1960, and the apartment is on the ground floor of four floors in total. The property needs renovation and has two separate electricity meters, allowing for various redevelopment options, including splitting into two independent units. The location is close to Sitnyakovo Blvd and Serdika Center, with convenient access to urban infrastructure. The apartment is suitable for investment with the possibility to adapt according to the future owner's needs.

With 20% down over 20 years the monthly mortgage payment is about 976 €, against an expected local rent of 761 €. The rent covers 78% of it.

This property is advertised in 3 offers, all from the same agency. All offers are at the same price. It has been listed for 120 days. The asking price has fallen by 20,000 € (8.3%) since it was first listed.

Source: Market statistics for 2-room apartments in Oborishte