−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
Sale185,000 €2,534 €/m²
Expected rent1,095 € /mo
~70,500 € BELOW MARKET
good value
against the median for 3-room apartments in Centyr (808 properties)
Area
73 m²
Floor
3 / 4
Construction
Brick
Yield analysis
Good investment rating
Monthly payment821 €20% down payment · 20 yrs · 3%
Expected rent1,095 €at market conditions for the neighbourhood
The rent covers 133% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 14 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▼ 11.4% · 23,800 €
- 208,800 €
- 185,000 €▼ 23,800 € (11.4%)
Property analysis
This apartment is priced about 70,500 € below the typical price (the median) for 3-room apartments in Centyr (808 properties) — 2,434 €/m² against 3,500 €/m².
3-room apartment in Sofia, Center district, located on the third floor of a brick building from the 1950s. The property includes an adjacent attic, basement, and parts of the yard.
The layout features a spacious living room, separate kitchen, large bedroom, hallway, bathroom with toilet, and terrace. There is potential to convert it into a three-room apartment.
The building is solid, with high ceilings and a stable structure, but the apartment is in need of full renovation. Heating and other amenities are not specified.
The location is in the central part of Sofia with convenient access to shops, restaurants, schools, and parks, as well as main roads.
The property is suitable for those seeking a home with potential for customization in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 821 €, against an expected local rent of 1,095 €. The rent covers the whole payment (133%).
The asking price has fallen by 23,800 € (11.4%) since it was first listed.
Pros and cons
AI summaryPros
- functional layout
- high ceilings
- central location
- parts of yard
Cons
- in need of full renovation
Questions for the viewing
Only on imotesaDerived 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 31% below the average for comparable properties.
Is there still room to negotiate?
Because: The price has been cut once, by about 11%.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living room 19.31 sq m
- kitchen 15 sq m
- bedroom 13.91 sq m
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 3,414 €/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% below market
median 3,500 €/m² for comparable properties
265,000 € 3,011 €/m²
Rent covers ~ 93% of the payment
~ 1,095 €/mo rent · you top up ~ 81 €/mo
+14% above market
median 3,500 €/m² for comparable properties
450,000 € 3,982 €/m²
Rent covers ~ 55% of the payment
~ 1,095 €/mo rent · you top up ~ 902 €/mo
+33% above market
median 3,500 €/m² for comparable properties
424,800 € 4,471 €/m²
Rent covers ~ 58% of the payment
~ 1,095 €/mo rent · you top up ~ 790 €/mo
+22% above market
median 3,500 €/m² for comparable properties
362,989 € 4,270 €/m²
Rent covers ~ 68% of the payment
~ 1,095 €/mo rent · you top up ~ 516 €/mo
−27% below market
median 3,414 €/m² for comparable properties
208,000 € 2,506 €/m²
Rent covers ~ 80% of the payment
~ 735 €/mo rent · you top up ~ 188 €/mo