At market level
median 4,200 €/m² for comparable properties
279,900 € 4,177 €/m²
Rent covers ~ 53% of the payment
~ 663 €/mo rent · you top up ~ 579 €/mo
Sale420,000 €4,375 €/m²
Expected rent917 € /mo
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Ivan Vazov (26 properties)
Area
96 m²
Floor
8 / 11
Construction
Brick
Year
1980
Heating
District Heating
Yield analysis
Low investment rating
Monthly payment1,863 €20% down payment · 20 yrs · 3%
Expected rent917 €at market conditions for the neighbourhood
The rent covers 49% of the payment — you top up about 946 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 38 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Property analysis
This apartment is priced at the typical price (the median) for 3-room apartments in Ivan Vazov (26 properties) — 4,375 €/m² against 4,162 €/m².
Three-room apartment in Ivan Vazov district, Sofia, located near the entrance to Yuzhen Park. The property has a floor area of 96 sq m and is situated on the 8th floor of 11 in a brick building. The layout includes a large living room, kitchen with dining area, and two bedrooms, each of the main rooms having access to a balcony. The building is a solid brick construction from 1980, with an elevator and maintained common areas. The location is convenient, with quick access to the park and public transport. The apartment requires full renovation, allowing adaptation according to the needs of the new owner. The property is suitable for those seeking a spacious home close to greenery and amenities.
With 20% down over 20 years the monthly mortgage payment is about 1,863 €, against an expected local rent of 917 €. The rent covers 49% 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 123 days.
Source: Market statistics for 3-room apartments in Ivan Vazov
Pros and cons
AI summaryPros
- functional layout
- three balconies
- near park
- elevator
Cons
- needs full renovation
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Who am I negotiating with, and who is authorised to agree a price?
Because: The property appears in 2 listings at the same price.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 years old.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living room
- kitchen
- dining area
- bedroom
- bedroom
Amenities
- Elevator
Details
- Category
- Residential
- Rooms
- 3
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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