Sale

Three-room apartment in Center, Sofia with balcony and basement

SofiaCentyr
Published: 5 March 2026 Updated: 9 September 2026
Sale230,000 €1,949 €/m²
Expected rent1,095 € /mo

~181,500 € BELOW MARKET

far below market

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

A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

Area
118 m²
Floor
2 / 6
Construction
Brick
Year
1940
Heating
District Heating

Yield analysis

Fair investment rating

5.7% / yr
Monthly payment1,020 €20% down payment · 20 yrs · 3%
Expected rent1,095 €at market conditions for the neighbourhood

The rent covers 107% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 18 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

2 changes since listing▼ 53.5% · 265,000 €
  1. 495,000 €5 March 2026Initial price
  2. 494,999 €▼ 1 € (0%) 15 April 2026Price reduced
  3. 230,000 €▼ 264,999 € (53.5%) 1 May 2026Price reducedCurrent

Property analysis

This apartment is priced about 181,500 € below the typical price (the median) for 3-room apartments in Centyr (808 properties) — 1,949 €/m² against 3,486 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

The apartment is located in Sofia, on Aksakov St, near Narodno Sabranie Square.

The property has a non-walk-through layout, including an entrance hall, vestibule, three rooms, kitchen with dining area, bathroom with toilet, separate toilet and balcony.

The building is brick from 1940, with high ceilings, replaced window frames and updated plumbing stacks, and the facade has thermal insulation.

The location is central, with easy access to administrative and public services in the heart of Sofia.

The property is suitable for those seeking a spacious apartment with amenities in a central urban environment.

With 20% down over 20 years the monthly mortgage payment is about 1,020 €, against an expected local rent of 1,095 €. The rent covers the whole payment (107%).

The asking price has fallen by 265,000 € (53.5%) since it was first listed.

Source: Market statistics for 3-room apartments in Centyr

Pros and cons

AI summary
Pros
  • non-walk-through layout
  • south and north aspect
  • high ceilings
  • thermal insulation on facade
Cons

We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.

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 44% below the average for comparable properties.

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

    Because: The price has been cut 2 times — about 54% below the original asking price.

  3. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 240 days.

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

    Because: The building dates from 1940 — about 86 years old.

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

Layout

  • entrance hall
  • vestibule
  • room
  • room
  • room
  • kitchen
  • dining area
  • bathroom
  • toilet
  • balcony

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

NNorth

Even light, cooler during summer

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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