Sale

Three-room apartment in Center, Sofia with yard and parking spaces

SofiyaCentyr

Published: 8 July 2026 Updated: 14 September 2026

Sale160,000 €2,285 €/m²

Expected rent1,107 € /mo

~86,000 € BELOW MARKET

good value

against the median for 3-room apartments in Centyr (813 properties)

Area

70 m²

Floor

1 / 2

Construction

Brick

Yield analysis

Strong investment rating

8.3% / yr

Monthly payment710 €20% down payment · 20 yrs · 3%

Expected rent1,107 €at market conditions for the neighbourhood

The rent covers 156% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 12 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▼ 20% · 40,000 €

200,000 €4 August 2026Първоначална цена
160,000 €▼ 40,000 € (20%) 29 August 2026Намаление на ценатаCurrent

Property analysis

This apartment is priced about 86,000 € below the typical price (the median) for 3-room apartments in Centyr (813 properties) — 2,285 €/m² against 3,512 €/m².

The apartment is located in Sofia, in the Center area, on Sofroniy Vrachanski St. It features 3 separate rooms, a bathroom, and a separate toilet, providing a functional layout. The property is on the ground floor of a two-storey brick building with a total of 4 apartments. The building is situated in a private yard of 450 sq m, where there is space for parking 4-5 cars. The property requires full renovation, offering the opportunity for customization according to the new owner's needs. The location is in the central part of Sofia, with easy access to urban infrastructure and services. This property is suitable for those seeking a home with renovation potential and conveniences in the heart of the city.

With 20% down over 20 years the monthly mortgage payment is about 710 €, against an expected local rent of 1,107 €. The rent covers the whole payment (156%).

The asking price has fallen by 40,000 € (20%) since it was first listed.

Source: Market statistics for 3-room apartments in Centyr

Pros and cons

AI summary

Pros

functional layout
private yard
parking spaces
brick construction

Cons

full renovation
ground floor

Questions for the viewing

Only on imotesa

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

Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 35% below the average for comparable properties.
Is there still room to negotiate?
Because: The price has been cut once, by about 20%.
Is there damp, is there enough daylight, and what is the noise like?
Because: The property is on the first floor.