Sale

Two-room apartment with yard in Simeonovo, Sofia

SofiaSimeonovo

Published: 4 May 2026 Updated: 8 September 2026

Sale162,000 €2,250 €/m²

Expected rent755 € /mo

~23,000 € BELOW MARKET

good value

against the median for 2-room apartments in Simeonovo (83 properties)

Area

72 m²

Floor

1 / 3

Construction

Brick

Year

2028

Yield analysis

Fair investment rating

5.6% / yr

Monthly payment719 €20% down payment · 20 yrs · 3%

Expected rent755 €at market conditions for the neighbourhood

The rent covers 105% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 18 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 about 23,000 € below the typical price (the median) for 2-room apartments in Simeonovo (83 properties) — 2,250 €/m² against 2,569 €/m².

The presented property is a two-room apartment located in Simeonovo, Sofia. It has a 72 sq m floor area and is on the first floor of a three-storey building. The internal layout includes an entrance hall, living room with kitchenette, bedroom, bathroom with toilet, storage room, and a 56 sq m yard. The building is brick-built, constructed in 2028, with an available elevator and is situated in a gated complex. Heating is electric, and the property is under construction with expected completion in 2028. The location offers quick access to the Ring Road and is about 5 minutes from Sofia Ring Mall. The apartment is suitable for those seeking tranquility in a gated community with the option of a private yard.

With 20% down over 20 years the monthly mortgage payment is about 719 €, against an expected local rent of 755 €. The rent covers the whole payment (105%).

Source: Market statistics for 2-room apartments in Simeonovo

Pros and cons

AI summary

Pros

gated complex
56 sq m yard
elevator
brick construction

Cons

on first floor
electric heating
under construction

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 12% below the average for comparable properties.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2028.
Is there damp, is there enough daylight, and what is the noise like?
Because: The property is on the first floor.