Sale

Three-room apartment in Center, Sofia with potential for conversion

SofiaCentyr

Published: 23 December 2025 Updated: 9 September 2026

Sale300,000 €4,000 €/m²

Expected rent1,095 € /mo

~37,500 € ABOVE MARKET

above market

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

Area

75 m²

Floor

4 / 5

Construction

Brick

Year

1940

Heating

District Heating

Yield analysis

Fair investment rating

4.4% / yr

Monthly payment1,331 €20% down payment · 20 yrs · 3%

Expected rent1,095 €at market conditions for the neighbourhood

The rent covers 82% of the payment — you top up about 236 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Property analysis

This apartment is priced about 37,500 € above the typical price (the median) for 3-room apartments in Centyr (808 properties) — 4,000 €/m² against 3,500 €/m².

Apartment with an area of 75 sq m, located on the 4th of 5 floors in a brick building from 1940 in the Center of Sofia.

The layout includes a kitchen, room, living room, vestibule and enclosed balcony, with the possibility to convert into a three-room apartment.

The property needs renovation, the building is scheduled for insulation, which implies future improvements to the facade and common areas.

The location is close to Patriarch Evtimiy Blvd, NDK and the pedestrian zone of Vitoshka, providing convenient access to public transport and services.

Suitable for people looking for a property with potential for customization in a central urban environment.

With 20% down over 20 years the monthly mortgage payment is about 1,331 €, against an expected local rent of 1,095 €. The rent covers 82% of it.

Source: Market statistics for 3-room apartments in Centyr

Pros and cons

AI summary

Pros

potential for conversion
central location
enclosed balcony

Cons

needs renovation
older building

Questions for the viewing

Only on imotesa

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

What feedback have previous viewers given?
Because: We have been tracking this listing for about 283 days.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1940 — about 86 years old.
Is there a lift in the building, and what condition is it in?
Because: The property is on floor 4 and the listing does not mention a lift.