Sale

Three-room apartment with potential for conversion in Doktorski Pametnik

SofiaDoktorski Pametnik
Published: 5 January 2026 Updated: 8 September 2026
Sale389,000 €4,523 €/m²
Expected rent1,952 € /mo

~99,500 € BELOW MARKET

good value

against the median for 4-room apartments in Doktorski Pametnik (15 properties)

Area
86 m²
Floor
1 / 6
Construction
Brick
Year
1940
Heating
District Heating

Yield analysis

Good investment rating

6% / yr
Monthly payment1,726 €20% down payment · 20 yrs · 3%
Expected rent1,952 €at market conditions for the neighbourhood

The rent covers 113% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

12 changes since listing▼ 6.3% · 26,000 €
  1. 415,000 €6 January 2026Initial price
  2. 415,000 €▲ 0 € (0%) 6 January 2026Price increased
  3. 410,000 €▼ 5,000 € (1.2%) 2 February 2026Price reduced
  4. 405,000 €▼ 5,000 € (1.2%) 3 March 2026Price reduced
  5. 405,000 €▲ 0 € (0%) 3 March 2026Price increased
  6. 410,000 €▲ 5,000 € (1.2%) 6 March 2026Price increased
  7. 399,000 €▼ 11,000 € (2.7%) 2 May 2026Price reduced
  8. 399,000 €▲ 0 € (0%) 3 May 2026Price increased
  9. 399,000 €▲ 0 € (0%) 8 May 2026Price increased
  10. 399,000 €▲ 0 € (0%) 24 May 2026Price increased
  11. 389,000 €▼ 10,000 € (2.5%) 4 August 2026Price reduced
  12. 389,000 €▲ 0 € (0%) 7 August 2026Price increased
  13. 389,000 €▲ 0 € (0%) 3 September 2026Price increasedCurrent

Property analysis

This apartment is priced about 99,500 € below the typical price (the median) for 4-room apartments in Doktorski Pametnik (15 properties) — 4,523 €/m² against 5,682 €/m².

The offered property is a three-room apartment with an area of 86 sq m, located in the Doktorski Pametnik district, Sofia. The layout includes three bedrooms, a living room, a separate kitchen, a bathroom, and a toilet, allowing for various conversion options. The building is brick, built around 1940, with ceiling heights of 3.08 m and a reinforced concrete structure. Heating and hot water are provided by district heating, and the aspect is south/east. The location is on Evlogi and Hristo Georgievi Blvd, close to central city amenities and transport. The property is suitable for residential use as well as for office or commercial activities, thanks to its functional layout and location.

With 20% down over 20 years the monthly mortgage payment is about 1,726 €, against an expected local rent of 1,952 €. The rent covers the whole payment (113%).

This property is advertised in 4 offers, all from the same agency. All offers are at the same price. It has been listed for 270 days. The asking price has fallen by 26,000 € (6.3%) since it was first listed.

Source: Market statistics for 4-room apartments in Doktorski Pametnik

Pros and cons

AI summary
Pros
  • functional layout
  • high ceilings
  • south/east aspect
  • basement and attic
Cons
  • ground floor
  • old construction

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 20% 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 6% below the original asking price.

  3. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 270 days.

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

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

  5. 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

  • bedroom
  • bedroom
  • bedroom
  • living room
  • kitchen
  • bathroom
  • toilet

Amenities

  • Access Control

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

EEast

Morning sun, cooler afternoons

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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