−42% below market
median 3,500 €/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
Sale319,500 €4,500 €/m²
Expected rent1,095 € /mo
~71,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Centyr (808 properties)
Area
71 m²
Floor
2 / 6
Construction
Brick
Year
1970
Heating
District Heating
Yield analysis
Fair investment rating
Monthly payment1,418 €20% down payment · 20 yrs · 3%
Expected rent1,095 €at market conditions for the neighbourhood
The rent covers 77% of the payment — you top up about 323 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 24 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▼ 17.9% · 69,500 €
- 389,000 €
- 359,500 €▼ 29,500 € (7.6%)
- 319,500 €▼ 40,000 € (11.1%)
Property analysis
This apartment is priced about 71,000 € above the typical price (the median) for 3-room apartments in Centyr (808 properties) — 4,500 €/m² against 3,500 €/m².
Three-room apartment in Sofia city, Center district, on the second floor of a six-storey building. The total area is 71 sq m, providing a comfortable living space for a family or couple.
The layout includes two separate rooms, a kitchen with a terrace, and a bathroom with toilet, with the corridor connecting all rooms. The internal layout is functional, but the apartment requires renovation.
The building is brick, built in 1970, insulated under an energy efficiency program and maintained in good condition. There is access control, which enhances security.
The location is in the central part of Sofia, close to key urban amenities and transport connections. This facilitates daily life and provides access to various services and entertainment.
The property is suitable for buyers looking for a home in the center with the possibility of customization through renovation and who value the conveniences of city living.
With 20% down over 20 years the monthly mortgage payment is about 1,418 €, against an expected local rent of 1,095 €. The rent covers 77% of it.
The asking price has fallen by 69,500 € (17.9%) since it was first listed.
Pros and cons
AI summaryPros
- functional layout
- terrace
- insulated building
- access control
Cons
- needs renovation
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 18% below the original asking price.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 269 days.
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.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1970 — about 56 years old.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- room
- room
- kitchen
- corridor
Amenities
- Access Control
- Renovated
- Needs Renovation
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
Location
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