Sale

Three-room apartment with balcony in Center, Sofia

SofiaCentyr

Published: 30 September 2026 Updated: 30 September 2026

Sale350,000 €4,375 €/m²

Expected rent1,095 € /mo

~70,000 € ABOVE MARKET

overpriced

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

Area

80 m²

Floor

4 / 4

Construction

Brick

Year

1940

Heating

District Heating

Yield analysis

Low investment rating

3.8% / yr

Monthly payment1,553 €20% down payment · 20 yrs · 3%

Expected rent1,095 €at market conditions for the neighbourhood

The rent covers 71% of the payment — you top up about 458 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 27 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 70,000 € above the typical price (the median) for 3-room apartments in Centyr (808 properties) — 4,375 €/m² against 3,500 €/m².

Three-room apartment with an area of 80 sq m, located in the Center of Sofia, on William Gladstone St, near Slaveykov Square.

The property has a functional layout with an entrance hall, bathroom with toilet, separate kitchen, bedroom, living room and an additional room with balcony.

The building is brick from 1940, situated on the top floor (4/4), insulated and with maintained common areas; the apartment needs renovation.

The location provides quick access to public transport, shops and eateries in the central part of the city.

Suitable for people looking for a property with potential in a central urban environment with convenient communication and opportunity for refurbishment.

With 20% down over 20 years the monthly mortgage payment is about 1,553 €, against an expected local rent of 1,095 €. The rent covers 71% of it.

Source: Market statistics for 3-room apartments in Centyr

Pros and cons

AI summary

Pros

functional layout
high ceilings
balcony
maintained common areas

Cons

top floor
needs renovation

Questions for the viewing

Only on imotesa

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

Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1940 — about 86 years old.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
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.