Sale

Two-room apartment with glazed terrace in Ovcha kupel 1, Sofia

SofiaOvcha Kupel 1
Published: 1 July 2026 Updated: 4 September 2026
Sale70,000 €1,707 €/m²
Expected rent636 € /mo

~24,500 € BELOW MARKET

good value

against the median for 2-room apartments in Ovcha Kupel 1 (99 properties)

Area
41 m²
Floor
1 / 6
Construction
Brick
Heating
Local Heating

Yield analysis

Strong investment rating

10.9% / yr
Monthly payment311 €20% down payment · 20 yrs · 3%
Expected rent636 €at market conditions for the neighbourhood

The rent covers 205% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 9 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▼ 2.9% · 2,100 €
  1. 72,100 €1 July 2026Initial price
  2. 70,000 €▼ 2,100 € (2.9%) 6 August 2026Price reducedCurrent

Property analysis

This apartment is priced about 24,500 € below the typical price (the median) for 2-room apartments in Ovcha Kupel 1 (99 properties) — 1,707 €/m² against 2,303 €/m².

The apartment is located in Ovcha kupel 1, Sofia. It has two rooms, including a separate kitchen with dining area and an independent bedroom. It includes a glazed terrace, bathroom with toilet, and entrance hall. The building is brick with a total of 6 floors, and the apartment is on the first floor (above the ground floor). The property needs renovation and updating, and is sold with the existing furnishings and equipment. The kitchen has cabinets, oven, hob, refrigerator, and washing machine, while the bedroom has an air conditioner installed. Hot water is provided by an electric boiler. The location offers easy access and free parking spaces around the building. It is suitable both for personal use and as an investment for rental purposes. Overall, it is a property with potential but requiring additional investment.

With 20% down over 20 years the monthly mortgage payment is about 311 €, against an expected local rent of 636 €. The rent covers the whole payment (205%).

The asking price has fallen by 2,100 € (2.9%) since it was first listed.

Source: Market statistics for 2-room apartments in Ovcha Kupel 1

Pros and cons

AI summary
Pros
  • separate kitchen
  • glazed terrace
  • air conditioner
  • parking space
Cons
  • needs renovation
  • ground floor level

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 26% below the average for comparable properties.

  2. Is there still room to negotiate?

    Because: The price has been cut once, by about 3%.

  3. 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.

  4. Is there damp, is there enough daylight, and what is the noise like?

    Because: The property is on the first floor.

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
  • bedroom
  • bathroom
  • terrace

Amenities

  • With Parking
  • Internet Connection
  • Active Business
  • Access Control
  • Renovated
  • Needs Renovation

Details

Category
Residential
Rooms
2
Bathrooms
1
Furnishing
Yes

Location

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