Sale

Spacious 3-room apartment in Belite Brezi with two terraces

SofiaBelite Brezi
Published: 3 May 2026 Updated: 14 September 2026
Sale279,999 €3,181 €/m²
Expected rent736 € /mo

~51,000 € ABOVE MARKET

overpriced

against the median for 4-room apartments in Belite Brezi (15 properties)

Area
88 m²
Floor
1 / 8
Construction
Panel
Year
1980
Heating
District Heating

Yield analysis

Low investment rating

3.2% / yr
Monthly payment1,242 €20% down payment · 20 yrs · 3%
Expected rent736 €at market conditions for the neighbourhood

The rent covers 59% of the payment — you top up about 506 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 32 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▼ 6.4% · 19,001 €
  1. 299,000 €3 May 2026Initial price
  2. 289,000 €▼ 10,000 € (3.3%) 2 July 2026Price reduced
  3. 285,000 €▼ 4,000 € (1.4%) 9 September 2026Price reduced
  4. 279,999 €▼ 5,001 € (1.8%) 14 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 51,000 € above the typical price (the median) for 4-room apartments in Belite Brezi (15 properties) — 3,181 €/m² against 2,600 €/m².

The apartment is located in Sofia, Belite Brezi district, on the first floor of a prefab panel block. It has 3 separate bedrooms, a kitchen with a living area, two bathrooms, and two glazed terraces. The building is insulated, with an elevator and parking spaces, built in 1980. The area includes a school, kindergarten, outdoor gym, shops and eateries, while Krasno Selo metro station and market are about a 10-minute walk away. The property is suitable for families with children and offers a convenient urban environment with good access to infrastructure.

With 20% down over 20 years the monthly mortgage payment is about 1,242 €, against an expected local rent of 736 €. The rent covers 59% of it.

The asking price has fallen by 19,001 € (6.4%) since it was first listed.

Source: Market statistics for 4-room apartments in Belite Brezi

Pros and cons

AI summary
Pros
  • functional layout
  • two glazed terraces
  • insulated block
  • elevator and parking space
Cons
  • ground 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.

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

    Because: The price has been cut 3 times — about 6% below the original asking price.

  2. Has the block been insulated under the renovation programme, and is there paperwork for it?

    Because: Prefabricated panel construction.

  3. Have the risers been replaced, and when was the roof last repaired?

    Because: The building dates from 1980 — about 46 years old.

  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

  • bedroom
  • bedroom
  • bedroom
  • kitchen
  • living area

Amenities

  • Elevator
  • With Parking
  • Renovated

Details

Category
Residential
Rooms
3
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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