Sale−21% below market

Two-room apartment with balcony in Svoboda residential complex, Sofia

SofiaSvoboda

Published: 9 August 2026 Updated: 8 September 2026

Sale139,000 €2,044 €/m²

Expected rent574 € /mo

Area

68 m²

Floor

6 / 6

Construction

Panel

Year

1960

Heating

District Heating

Yield analysis

Fair investment rating

5% / yr

Monthly payment617 €20% down payment · 20 yrs · 3%

Expected rent574 €at market conditions for the neighbourhood

The rent covers 93% of the payment — you top up about 43 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 20 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▼ 5.4% · 7,900 €

146,900 €9 August 2026Initial price
139,000 €▼ 7,900 € (5.4%) 8 September 2026Price reducedCurrent

Property analysis

This apartment is priced 21% below the typical price (the median) for comparable properties — 1,759 €/m² against 2,235 €/m².

The apartment is located in Sofia city, Svoboda district, on Gen. Nikola Zhekov St. The property has a floor area of 68 sq m and is situated on the top, 6th floor of a prefab panel building with an elevator.

The layout includes a spacious living room, separate bedroom, separate kitchen, bathroom and toilet, corridor, walk-in closet, and a long balcony. The property is non-walk-through and offers an additional basement storage room of 5.74 sq m.

The building is prefab panel from 1960, but the apartment has been fully renovated with new PVC windows with triple glazing, updated kitchen, and flooring of natural parquet and granite tiles. It has district heating with an additional boiler for hot water.

The location is convenient with proximity to Lidl, school, kindergarten, public transport stops, and the Northern Park about 5-10 minutes on foot. The area offers parking options around the building.

The property is suitable for family living with a functional layout and a good balance between urban amenities and proximity to green spaces.

With 20% down over 20 years the monthly mortgage payment is about 617 €, against an expected local rent of 574 €. The rent covers 93% of it.

The asking price has fallen by 7,900 € (5.4%) since it was first listed.

Source: Market statistics for 2-room apartments in Svoboda

Pros and cons

AI summary

Pros

functional layout
full renovation
elevator
close to park

Cons

top floor
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.

Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 21% below the average for comparable properties.
Is there still room to negotiate?
Because: The price has been cut once, by about 5%.
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 1960 — about 66 years old.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.