Sale+47% above market

Three-room apartment with veranda and Vitosha view in Boyana

SofiaBoyana
Published: 2 January 2026 Updated: 10 September 2026
Sale450,000 €3,061 €/m²
Expected rent650 € /mo
Area
147 m²
Floor
1 / 4
Construction
Brick
Heating
Gas

Yield analysis

Low investment rating

1.7% / yr
Monthly payment1,997 €20% down payment · 20 yrs · 3%
Expected rent650 €at market conditions for the neighbourhood

The rent covers 33% of the payment — you top up about 1,347 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 58 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

6 changes since listing▼ 4.3% · 20,000 €
  1. 470,000 €4 May 2026Initial price
  2. 490,000 €▲ 20,000 € (4.3%) 8 May 2026Price increased
  3. 490,000 €▲ 0 € (0%) 27 May 2026Price increased
  4. 450,000 €▼ 40,000 € (8.2%) 7 June 2026Price reduced
  5. 470,000 €▲ 20,000 € (4.4%) 9 June 2026Price increased
  6. 450,000 €▼ 20,000 € (4.3%) 30 June 2026Price reduced
  7. 450,000 €▲ 0 € (0%) 9 July 2026Price increasedCurrent

Property analysis

This apartment is priced 47% above the typical price (the median) for comparable properties — 3,658 €/m² against 2,495 €/m².

Apartment with three rooms in the Boyana Ray complex, Sofia city, Boyana district. It is located on the first floor of a four-storey building with controlled access and video surveillance.

The layout includes a spacious living room with kitchenette (43 sq m), two bedrooms, bathroom with toilet, laundry room, entrance hall, and veranda with a view of Vitosha. There is also a storage room for additional storage.

The building is brick, equipped with an elevator and underfloor gas heating. The apartment features French windows and electric external blinds.

The location offers quick access to main boulevards, public transport, commercial outlets, and the nature of Vitosha. The complex has green areas, a children's playground, and parking.

The property is suitable for people looking for a spacious home close to nature with the conveniences of urban living.

With 20% down over 20 years the monthly mortgage payment is about 1,997 €, against an expected local rent of 650 €. The rent covers 33% of it.

The asking price has fallen by 20,000 € (4.3%) since it was first listed.

Source: Market statistics for 3-room apartments in Boyana

Pros and cons

AI summary
Pros
  • functional layout
  • veranda with view
  • underfloor gas heating
  • elevator
Cons
  • ground floor

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 2 times — about 4% below the original asking price.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 273 days.

  3. 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

  • living room with kitchenette 43 sq m
  • bedroom
  • bedroom

Amenities

  • Elevator
  • With Parking

Details

Category
Residential
Rooms
3
Bathrooms
1
Furnishing
Yes

Location

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