−42% below market
median 3,486 €/m² for comparable properties
245,000 € 2,024 €/m²
Rent covers ~ 101% of the payment
~ 1,095 €/mo rent · pays for itself in ~ 19 yrs
Sale540,000 €4,500 €/m²
Expected rent1,095 € /mo
~121,500 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Centyr (808 properties)
Area
120 m²
Floor
3 / 6
Construction
Brick
Heating
District Heating
Yield analysis
Low investment rating
Monthly payment2,396 €20% down payment · 20 yrs · 3%
Expected rent1,095 €at market conditions for the neighbourhood
The rent covers 46% of the payment — you top up about 1,301 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 41 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▼ 6.9% · 40,000 €
- 580,000 €
- 550,000 €▼ 30,000 € (5.2%)
- 540,000 €▼ 10,000 € (1.8%)
Property analysis
This apartment is priced about 121,500 € above the typical price (the median) for 3-room apartments in Centyr (808 properties) — 4,500 €/m² against 3,486 €/m².
The apartment is located in Sofia city, Center, Han Krum St on the third floor of a building with an elevator. It has a total area of 120 sq m and includes two terraces and a basement. The layout features two walk-through bedrooms, a spacious living room with a fireplace, separate kitchen, and sanitary facilities. The property has high ceilings and classic urban architecture but requires full renovation. The building is brick and has district heating and an elevator. The location is in the central part of Sofia with easy access to the metro, administrative, and cultural sites. The property is suitable for those seeking a spacious city home with the possibility for customization through renovation.
With 20% down over 20 years the monthly mortgage payment is about 2,396 €, against an expected local rent of 1,095 €. The rent covers 46% of it.
The asking price has fallen by 40,000 € (6.9%) since it was first listed.
Pros and cons
AI summaryPros
- functional layout
- high ceilings
- elevator
- central location
Cons
- needs full renovation
- walk-through rooms
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Is there still room to negotiate, and why has it not sold yet?
Because: The price has been cut 2 times — about 7% below the original asking price.
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.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- bedroom
- bedroom
- living room
- kitchen
Amenities
- With Transition
- Elevator
- Needs Renovation
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
At market level
median 3,428 €/m² for comparable properties
299,000 € 3,476 €/m²
Rent covers ~ 55% of the payment
~ 735 €/mo rent · you top up ~ 592 €/mo
No market valuation
On request
No yield data
Appears once there's enough market data
+14% above market
median 3,486 €/m² for comparable properties
450,000 € 3,982 €/m²
Rent covers ~ 55% of the payment
~ 1,095 €/mo rent · you top up ~ 902 €/mo
At market level
median 3,486 €/m² for comparable properties
515,000 € 3,814 €/m²
Rent covers ~ 48% of the payment
~ 1,095 €/mo rent · you top up ~ 1,190 €/mo
+28% above market
median 3,486 €/m² for comparable properties
424,800 € 4,471 €/m²
Rent covers ~ 58% of the payment
~ 1,095 €/mo rent · you top up ~ 790 €/mo
At market level
median 3,486 €/m² for comparable properties
298,990 € 3,737 €/m²
Rent covers ~ 83% of the payment
~ 1,095 €/mo rent · you top up ~ 232 €/mo
+23% above market
median 3,486 €/m² for comparable properties
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Rent covers ~ 68% of the payment
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