Sale

Three-room apartment in Center, Sofia with renovation potential

SofiaCentyr
Published: 4 July 2026 Updated: 18 September 2026
Sale296,000 €3,217 €/m²
Expected rent1,095 € /mo

~26,000 € BELOW MARKET

good value

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

Area
92 m²
Floor
1 / 6
Construction
Brick
Year
1960
Heating
District Heating

Yield analysis

Fair investment rating

4.4% / yr
Monthly payment1,313 €20% down payment · 20 yrs · 3%
Expected rent1,095 €at market conditions for the neighbourhood

The rent covers 83% of the payment — you top up about 218 €/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.

Price history

1 change since listing▼ 6% · 19,000 €
  1. 315,000 €10 September 2026Initial price
  2. 296,000 €▼ 19,000 € (6%) 18 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 26,000 € below the typical price (the median) for 3-room apartments in Centyr (808 properties) — 3,217 €/m² against 3,500 €/m².

Three-room apartment with an area of 92 sq m located in Center, Sofia, Vazrazhdane district. The property is on the first floor of a brick building from 1960 with a total of 6 floors.

The layout includes a kitchen, two separate bedrooms, bathroom, separate toilet, and corridor, providing functional use of the space.

The building is brick, with replaced window frames and renovated bathroom and toilet; heating is district heating. The property requires refreshing and additional renovation according to the future owner's preferences.

The location is close to key city points such as Vitosha Blvd, Serdika metro station, schools, and medical centers, offering convenience both for living and investment.

The property is suitable as a family home or an investment with potential to increase income through renovation and new furnishing.

With 20% down over 20 years the monthly mortgage payment is about 1,313 €, against an expected local rent of 1,095 €. The rent covers 83% of it.

The asking price has fallen by 19,000 € (6%) since it was first listed.

Source: Market statistics for 3-room apartments in Centyr

Pros and cons

AI summary
Pros
  • functional layout
  • central location
  • replaced window frames
  • renovation potential
Cons
  • first floor
  • needs refreshing

Questions for the viewing

Only on imotesa

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

  1. Is there still room to negotiate?

    Because: The price has been cut once, by about 6%.

  2. Have the risers been replaced, and when was the roof last repaired?

    Because: The building dates from 1960 — about 66 years old.

  3. Is there damp, is there enough daylight, and what is the noise like?

    Because: The property is on the first floor.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Layout

  • kitchen
  • bedroom
  • bedroom
  • bathroom
  • toilet
  • corridor

Details

Category
Residential
Rooms
3
Bathrooms
2

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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