Sale−20% below market

Two-room apartment with two terraces in Reduta, Sofia

SofiaReduta
Published: 6 July 2026 Updated: 2 September 2026
Sale225,000 €2,960 €/m²
Expected rent635 € /mo
Area
76 m²
Floor
3 / 5
Construction
Brick
Year
1999

Yield analysis

Low investment rating

3.4% / yr
Monthly payment998 €20% down payment · 20 yrs · 3%
Expected rent635 €at market conditions for the neighbourhood

The rent covers 64% of the payment — you top up about 363 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 30 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

3 changes since listing▼ 4.2% · 10,000 €
  1. 239,000 €6 July 2026Initial price
  2. 234,000 €▼ 5,000 € (2.1%) 7 August 2026Price reduced
  3. 225,000 €▼ 9,000 € (3.8%) 2 September 2026Price reduced
  4. 229,000 €▲ 4,000 € (1.8%) 5 September 2026Price increasedCurrent

Property analysis

This apartment is priced 20% below the typical price (the median) for comparable properties — 2,500 €/m² against 3,113 €/m².

Two-room apartment with an area of 76 sq m, located on the third floor in a brick building from 1999 in the Reduta district, Popova Shapka St.

The layout includes a large living room with a kitchenette (40 sq m), two bathrooms with toilets, a bedroom, and two terraces, providing good functionality and comfort.

The building is in good condition, with controlled access, built with brick materials, which ensures better insulation and durability.

The location is close to Geo Milev Park, offering opportunities for recreation and greenery in an urban environment.

The property is suitable for people looking for a convenient and functional city apartment with additional outdoor spaces.

With 20% down over 20 years the monthly mortgage payment is about 998 €, against an expected local rent of 635 €. The rent covers 64% of it.

The asking price has fallen by 10,000 € (4.2%) since it was first listed.

Source: Market statistics for 2-room apartments in Reduta

Pros and cons

AI summary
Pros
  • functional layout
  • two terraces
  • close to park
  • brick construction
Cons

We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.

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. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 2 times — about 4% below the original asking price.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Layout

  • living room 40 sq m
  • bedroom

Amenities

  • Access Control

Details

Category
Residential
Rooms
2
Bathrooms
2
Furnishing
Yes

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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