Sale−30% below market

Three-room apartment on top floor in Iztok, Sofia

SofiaIztok
Published: 4 July 2026 Updated: 30 September 2026
Sale269,000 €3,586 €/m²
Expected rent1,192 € /mo
Area
75 m²
Floor
6 / 6
Construction
Panel
Year
1980
Heating
District Heating

Yield analysis

Fair investment rating

5.3% / yr
Monthly payment1,193 €20% down payment · 20 yrs · 3%
Expected rent1,192 €at market conditions for the neighbourhood

The rent covers 100% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 19 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▼ 6.9% · 20,000 €
  1. 289,000 €4 July 2026Initial price
  2. 299,000 €▲ 10,000 € (3.5%) 5 August 2026Price increased
  3. 269,000 €▼ 30,000 € (10%) 30 September 2026Price reduced
  4. 269,000 €▲ 0 € (0%) 30 September 2026Price increasedCurrent

Property analysis

This apartment is priced 30% below the typical price (the median) for comparable properties — 2,831 €/m² against 4,054 €/m².

Three-room apartment with an area of 75 sq m, located in the district of Iztok, Sofia.

The layout includes a separate kitchen with an enclosed balcony, a living room with access to one bedroom, a second separate bedroom, a toilet and a separate bathroom, as well as a corridor with a storage closet.

The property is in a prefab panel building from 1980, situated on the top 6th floor, which may affect insulation and access.

The Iztok district has good infrastructure and access to public transport, offering conveniences for daily living.

The property is suitable for those seeking a functional layout and a move-in ready home in an urban environment.

With 20% down over 20 years the monthly mortgage payment is about 1,193 €, against an expected local rent of 1,192 €. The rent covers the whole payment (100%).

This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 89 days. The asking price has fallen by 20,000 € (6.9%) since it was first listed.

Source: Market statistics for 3-room apartments in Iztok

Pros and cons

AI summary
Pros
  • functional layout
  • enclosed balcony
  • separate kitchen
Cons
  • top floor
  • prefab panel 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 30% below the average for comparable properties.

  2. Who am I negotiating with, and who is authorised to agree a price?

    Because: The property appears in 2 listings at the same price.

  3. Has the block been insulated under the renovation programme, and is there paperwork for it?

    Because: Prefabricated panel construction.

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

    Because: The building dates from 1980 — about 46 years old.

  5. What condition is the roof in, and does it overheat in summer?

    Because: The property is on the top floor.

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

Layout

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

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