Three-room apartment with balcony in Borovo, Sofia

This apartment is priced about 50,000 € below the typical price (the median) for 3-room apartments in Borovo (40 properties) — 2,379 €/m² against 2,973 €/m².

Three-room apartment in the Borovo district, Sofia, located on the 6th floor of 8 in a prefab panel building with an elevator.

The apartment has a layout: entrance hall, kitchen with enclosed balcony, living room with balcony, walk-through bedroom, second bedroom, bathroom, separate toilet and storage room. The aspect is north/south, providing good light.

The building is prefab panel with maintained common areas and access control. Heating is district heating, and the window frames are PVC with external thermal insulation on the north side. The property includes an adjacent basement.

The location offers convenient infrastructure close to Borovo market, Krasno Selo metro station, schools, kindergartens and shops. The area is well served by public transport.

The property requires modern renovation, allowing adaptation according to the personal preferences and needs of the new owners.

With 20% down over 20 years the monthly mortgage payment is about 887 €, against an expected local rent of 899 €. The rent covers the whole payment (101%).

Source: Market statistics for 3-room apartments in Borovo