Three-room apartment with two terraces in Hipodruma, Sofia

This apartment is priced about 46,000 € above the typical price (the median) for 4-room apartments in Hipodruma (30 properties) — 2,952 €/m² against 2,593 €/m².

Apartment with three rooms, located in the Hipodruma district of Sofia, on Tsar Boris III Blvd. The property is on the 6th floor of 7 in a brick building from 2004.

Layout: the first level includes a large living room with kitchenette, a bathroom, and a storage room, as well as a panoramic terrace; the second level contains two separate rooms, a corridor, a large bathroom with toilet, and two small terraces.

The building has a solid brick structure and maintained common areas with a working elevator. The flooring is natural parquet and Spanish terracotta, the windows are five-chamber PVC, heating is central district heating.

The location is communicative with easy access to main boulevards and public transport connections, close to hospitals and educational institutions. The entrance is secured with an alarm system and video surveillance.

The property offers a functional layout and the possibility to convert into a four-room apartment, suitable for families with children or couples.

With 20% down over 20 years the monthly mortgage payment is about 1,677 €, against an expected local rent of 904 €. The rent covers 54% 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 270 days. The asking price has fallen by 17,010 € (4.3%) since it was first listed.

Source: Market statistics for 4-room apartments in Hipodruma