Sale

Two-room apartment with south aspect in Ovcha kupel 1, Sofia

SofiaOvcha Kupel 1

Published: 1 October 2026 Updated: 1 October 2026

Sale120,000 €2,500 €/m²

Expected rent636 € /mo

AT MARKET LEVEL

fairly priced

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

Area

48 m²

Floor

4 / 9

Construction

Panel

Year

1980

Heating

District Heating

Yield analysis

Good investment rating

6.4% / yr

Monthly payment532 €20% down payment · 20 yrs · 3%

Expected rent636 €at market conditions for the neighbourhood

The rent covers 119% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 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 at the typical price (the median) for 2-room apartments in Ovcha Kupel 1 (99 properties) — 2,500 €/m² against 2,303 €/m².

Two-room apartment with an area of 48 sq m, located in the district of Ovcha kupel 1 in the city of Sofia. The property is situated on the fourth floor of a nine-storey prefab panel building with an elevator.

The layout includes one bedroom, a living room, and a bathroom with toilet, featuring a south aspect that provides good natural light. The apartment is unfurnished and requires renovation, allowing for interior customization according to needs.

The building was constructed in 1980, prefab panel construction, with basic amenities such as an elevator and access control. Heating is centralized (district heating).

The district offers good infrastructure with shops, schools, and kindergartens, as well as convenient access to public transport and metro.

The property is suitable for buyers looking for a home to renovate or an investment with improvement potential.

With 20% down over 20 years the monthly mortgage payment is about 532 €, against an expected local rent of 636 €. The rent covers the whole payment (119%).

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

Pros and cons

AI summary

Pros

south aspect
elevator
access control

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.

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.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 years old.