Sale

Three-room apartment with two terraces in Iztok district, Sofia

SofiaIztok
Published: 29 August 2026 Updated: 31 August 2026
Sale470,000 €3,949 €/m²
Expected rent1,146 € /mo

AT MARKET LEVEL

fairly priced

against the median for 3-room apartments in Iztok (77 properties)

Area
119 m²
Floor
2 / 3
Construction
Brick
Year
2008
Heating
District Heating

Yield analysis

Low investment rating

2.9% / yr
Monthly payment2,085 €20% down payment · 20 yrs · 3%
Expected rent1,146 €at market conditions for the neighbourhood

The rent covers 55% of the payment — you top up about 939 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 34 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

1 change since listing▼ 3.1% · 15,000 €
  1. 485,000 €29 August 2026Initial price
  2. 470,000 €▼ 15,000 € (3.1%) 29 August 2026Price reducedCurrent

Property analysis

This apartment is priced at the typical price (the median) for 3-room apartments in Iztok (77 properties) — 3,949 €/m² against 4,031 €/m².

Three-room apartment in Sofia city, Iztok district, located on the second floor of a brick building from 2008. The property has a floor area of 119 sq m and offers the possibility to customize the interior, as it is sold with plaster and screed only.

The layout includes an entrance hall, a large living room with kitchen area, two bedrooms (one with an en-suite bathroom and walk-in closet), two bathrooms, and two terraces. The apartment comes with a basement and the option to purchase an underground parking space.

The building is well maintained, with a small number of apartments, built of brick and equipped with an elevator. Heating is district heating, and the aspect provides good natural light.

The location is communicative and quiet, close to schools, kindergartens, shops, and park areas, making it suitable for families with children. Public transport is easily accessible.

The property is suitable both for personal use as a family home and as a long-term investment due to its good location and functionality.

With 20% down over 20 years the monthly mortgage payment is about 2,085 €, against an expected local rent of 1,146 €. The rent covers 55% of it.

The asking price has fallen by 15,000 € (3.1%) since it was first listed.

Source: Market statistics for 3-room apartments in Iztok

Pros and cons

AI summary
Pros
  • functional layout
  • two terraces
  • garage option
  • good location
Cons
  • needs finishing works

Questions for the viewing

Only on imotesa

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

  1. Is there still room to negotiate?

    Because: The price has been cut once, by about 3%.

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

Layout

  • bedroom
  • bedroom
  • living room

Amenities

  • With Parking
  • Elevator

Details

Category
Residential
Rooms
3
Bathrooms
2

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

Similar properties nearby