Sale

Three-room apartment with functional layout in Doktorski Pametnik

SofiaDoktorski Pametnik
Published: 20 April 2026 Updated: 30 September 2026
Sale399,000 €3,990 €/m²
Expected rent1,495 € /mo

~151,000 € BELOW MARKET

good value

against the median for 3-room apartments in Doktorski Pametnik (45 properties)

Area
100 m²
Floor
3 / 6
Construction
Brick
Year
1940
Heating
District Heating

Yield analysis

Fair investment rating

4.5% / yr
Monthly payment1,770 €20% down payment · 20 yrs · 3%
Expected rent1,495 €at market conditions for the neighbourhood

The rent covers 84% of the payment — you top up about 275 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

5 changes since listing▼ 21.8% · 111,000 €
  1. 510,000 €20 April 2026Initial price
  2. 450,000 €▼ 60,000 € (11.8%) 6 May 2026Price reduced
  3. 480,000 €▲ 30,000 € (6.7%) 11 May 2026Price increased
  4. 445,000 €▼ 35,000 € (7.3%) 2 July 2026Price reduced
  5. 440,000 €▼ 5,000 € (1.1%) 5 August 2026Price reduced
  6. 399,000 €▼ 41,000 € (9.3%) 30 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 151,000 € below the typical price (the median) for 3-room apartments in Doktorski Pametnik (45 properties) — 3,990 €/m² against 5,500 €/m².

Three-room apartment in Sofia, Doktorski Pametnik district, on a quiet street Gerlovo St.

The property has a functional layout, including an entrance hall with access to the living room, two bedrooms, kitchen, bathroom and separate toilet.

The building is brick, built in 1940, the apartment is on the 3rd floor of 6, with no information about an elevator or other amenities.

The location is central, with easy access to urban infrastructure and the tranquility of a quiet street.

Suitable for those seeking a home with good layout and natural light in the centre of Sofia.

With 20% down over 20 years the monthly mortgage payment is about 1,770 €, against an expected local rent of 1,495 €. The rent covers 84% of it.

The asking price has fallen by 111,000 € (21.8%) since it was first listed.

Source: Market statistics for 3-room apartments in Doktorski Pametnik

Pros and cons

AI summary
Pros
  • functional layout
  • southeast aspect
  • quiet street
Cons
  • no elevator
  • older building

Questions for the viewing

Only on imotesa

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

  1. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 28% below the average for comparable properties.

  2. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 4 times — about 22% below the original asking 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

  • entrance hall
  • living room
  • bedroom
  • bedroom
  • kitchen
  • bathroom
  • toilet

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

EEast

Morning sun, cooler afternoons

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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