Sale

3-room apartment in Center, Sofia with terrace and basement

SofiaCentyr
Published: 8 July 2026 Updated: 28 September 2026
Sale393,000 €4,271 €/m²
Expected rent1,096 € /mo

~71,000 € ABOVE MARKET

overpriced

against the median for 3-room apartments in Centyr (809 properties)

Area
92 m²
Floor
2 / 3
Construction
Brick
Year
1940
Heating
District Heating

Yield analysis

Low investment rating

3.3% / yr
Monthly payment1,744 €20% down payment · 20 yrs · 3%
Expected rent1,096 €at market conditions for the neighbourhood

The rent covers 63% of the payment — you top up about 648 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 30 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

4 changes since listing▼ 6.2% · 26,000 €
  1. 419,000 €7 August 2026Initial price
  2. 429,000 €▲ 10,000 € (2.4%) 31 August 2026Price increased
  3. 393,000 €▼ 36,000 € (8.4%) 8 September 2026Price reduced
  4. 419,000 €▲ 26,000 € (6.6%) 9 September 2026Price increased
  5. 393,000 €▼ 26,000 € (6.2%) 28 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 71,000 € above the typical price (the median) for 3-room apartments in Centyr (809 properties) — 4,271 €/m² against 3,500 €/m².

3-room apartment in Sofia city, Center district, on Neofit Rilski St near Vitosha Blvd.
The layout includes a corridor/vestibule, three large rooms, and a bathroom with toilet, as well as a separately legalized residential space in the basement.
The building is brick, with solid construction and well-maintained common areas, heating is central district heating (TEC).
The location is communicative and convenient, close to NDK metro station, public transport, shops, and eateries.
The property is suitable for living or investment but requires modern renovation to improve functionality and comfort.

With 20% down over 20 years the monthly mortgage payment is about 1,744 €, against an expected local rent of 1,096 €. The rent covers 63% of it.

This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 86 days. The asking price has fallen by 26,000 € (6.2%) since it was first listed.

Source: Market statistics for 3-room apartments in Centyr

Pros and cons

AI summary
Pros
  • functional layout
  • central district heating
  • terrace and basement
  • good location
Cons
  • needs renovation

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, and why has it not sold yet?

    Because: The price has been cut 2 times — about 6% below the original asking price.

  2. Who am I negotiating with, and who is authorised to agree a price?

    Because: The property appears in 2 listings at the same price.

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

    Because: The building dates from 1940 — about 86 years old.

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

Layout

  • corridor
  • room
  • room
  • room

Amenities

  • Active Business
  • Access Control

Details

Category
Residential
Rooms
3
Bathrooms
1

Approximate location

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

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