Sale

Three-room apartment 110 sq m in Center, Bulgaria Blvd, with terrace

SofiaCentyr
Published: 9 April 2026 Updated: 6 September 2026
Sale290,000 €2,636 €/m²
Expected rent1,095 € /mo

~95,000 € BELOW MARKET

good value

against the median for 3-room apartments in Centyr (808 properties)

Area
110 m²
Floor
5 / 5
Construction
Brick
Year
1930
Heating
District Heating

Yield analysis

Fair investment rating

4.5% / yr
Monthly payment1,287 €20% down payment · 20 yrs · 3%
Expected rent1,095 €at market conditions for the neighbourhood

The rent covers 85% of the payment — you top up about 192 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 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▼ 7.9% · 25,000 €
  1. 315,000 €7 May 2026Initial price
  2. 290,000 €▼ 25,000 € (7.9%) 6 August 2026Price reducedCurrent

Property analysis

This apartment is priced about 95,000 € below the typical price (the median) for 3-room apartments in Centyr (808 properties) — 2,636 €/m² against 3,500 €/m².

A three-room apartment with an area of 110 sq m is located in the Center of Sofia, on Bulgaria Blvd. The property is situated on the top, fifth floor of a 1930 brick building without an elevator. The layout includes a large vestibule, three separate rooms, a separate kitchen, bathroom with laundry area, separate toilet, and a large double terrace facing the inner courtyard. The apartment is bright, with high ceilings and a southeast aspect, while one of the rooms has a west aspect. The building is brick, the entrance is in good condition, and the stairs are gentle. The apartment needs full renovation but has new PVC windows. The location is well connected, close to metro, tram and trolleybus stops, as well as within walking distance to Vitosha Blvd and NDK. This makes the property suitable for those seeking convenient urban access with the possibility to renovate according to personal preferences.

With 20% down over 20 years the monthly mortgage payment is about 1,287 €, against an expected local rent of 1,095 €. The rent covers 85% of it.

The asking price has fallen by 25,000 € (7.9%) since it was first listed.

Source: Market statistics for 3-room apartments in Centyr

Pros and cons

AI summary
Pros
  • functional layout
  • southeast aspect
  • large terrace
  • close to metro
Cons
  • top floor
  • needs full renovation
  • no elevator

Questions for the viewing

Only on imotesa

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

  1. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 25% below the average for comparable properties.

  2. Is there still room to negotiate?

    Because: The price has been cut once, by about 8%.

  3. What is the scope of the work, and are there hidden problems with the wiring or plumbing?

    Because: The listing states that the property needs renovation.

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

    Because: The building dates from 1930 — about 96 years old.

  5. What condition is the roof in, and does it overheat in summer?

    Because: The property is on the top floor.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Layout

  • vestibule
  • room
  • room
  • room
  • kitchen

Amenities

  • Access Control
  • Needs Renovation

Exposure

AI summary
WWest

Afternoon and evening sun

Details

Category
Residential
Rooms
3
Bathrooms
2

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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