Sale

Three-room apartment in Hipodruma with two terraces

SofiaHipodruma

Published: 9 May 2026 Updated: 3 September 2026

Sale349,520 €3,206 €/m²

Expected rent821 € /mo

AT MARKET LEVEL

fairly priced

against the median for 3-room apartments in Hipodruma (48 properties)

Area

109 m²

Floor

4 / 8

Construction

Brick

Year

1970

Heating

District Heating

Yield analysis

Low investment rating

2.8% / yr

Monthly payment1,551 €20% down payment · 20 yrs · 3%

Expected rent821 €at market conditions for the neighbourhood

The rent covers 53% of the payment — you top up about 730 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 35 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

3 changes since listing▼ 12.6% · 50,480 €

400,000 €9 May 2026Initial price
369,000 €▼ 31,000 € (7.8%) 1 July 2026Price reduced
359,000 €▼ 10,000 € (2.7%) 5 August 2026Price reduced
349,520 €▼ 9,480 € (2.6%) 3 September 2026Price reducedCurrent

Property analysis

This apartment is priced at the typical price (the median) for 3-room apartments in Hipodruma (48 properties) — 3,206 €/m² against 3,300 €/m².

Three-room apartment in Sofia, Hipodruma district, on Sofiyski Geroi St. The property has a floor area of 109 sq m and is located on the 4th floor of 8 in a brick building from 1970 with an elevator. The layout includes a corridor, living room, two bedrooms, separate kitchen, bathroom, toilet, storage room and two balconies, providing convenient internal functionality. The apartment has southeast and northwest aspects, allowing good natural light. The building is maintained with controlled access and common areas in good condition. The location is convenient with proximity to Bulgaria metro station (line M3) and good transport connections. The property is suitable for urban living with balanced layout and additional storage spaces such as basement and attic.

With 20% down over 20 years the monthly mortgage payment is about 1,551 €, against an expected local rent of 821 €. The rent covers 53% of it.

The asking price has fallen by 50,480 € (12.6%) since it was first listed.

Source: Market statistics for 3-room apartments in Hipodruma

Pros and cons

AI summary

Pros

functional layout
elevator
close to metro
two balconies

Cons

We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.

Questions for the viewing

Only on imotesa

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

Is there still room to negotiate, and why has it not sold yet?
Because: The price has been cut 3 times — about 13% below the original asking price.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1970 — about 56 years old.

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