Sale

Three-room apartment with garage in Knyazhevo, Sofia

SofiaKnyajevo
Published: 10 October 2025 Updated: 1 August 2026
Sale200,000 €2,000 €/m²
Expected rent791 € /mo

~28,500 € BELOW MARKET

good value

against the median for 3-room apartments in Knyajevo (33 properties)

Area
100 m²
Floor
2 / 2
Construction
Brick
Year
1970

Yield analysis

Fair investment rating

4.7% / yr
Monthly payment887 €20% down payment · 20 yrs · 3%
Expected rent791 €at market conditions for the neighbourhood

The rent covers 89% of the payment — you top up about 96 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 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▼ 0.5% · 1,000 €
  1. 195,000 €3 June 2026Initial price
  2. 194,000 €▼ 1,000 € (0.5%) 1 August 2026Price reducedCurrent

Property analysis

This apartment is priced about 28,500 € below the typical price (the median) for 3-room apartments in Knyajevo (33 properties) — 2,000 €/m² against 2,283 €/m².

Three-room apartment in Sofia, district Knyazhevo, located on the second floor of a two-storey building. The property has a total area of 100 sq m and includes a garage.

The layout is functional with a living room, kitchen, two bedrooms, and an enclosed balcony. The bathroom and toilet are combined. The floors are parquet and terracotta.

The building is brick, built in 1970, which suggests a solid structure but no information about renovations or modern amenities.

Knyazhevo is an area with good access to nature and a quiet environment, suitable for families or people seeking a calmer place to live in Sofia.

The property is suitable for use as a family home with necessary conveniences and a garage but requires assessment of condition and possible improvements.

With 20% down over 20 years the monthly mortgage payment is about 887 €, against an expected local rent of 791 €. The rent covers 89% of it.

The asking price has fallen by 1,000 € (0.5%) since it was first listed.

Source: Market statistics for 3-room apartments in Knyajevo

Pros and cons

AI summary
Pros
  • functional layout
  • garage
  • enclosed balcony
  • brick construction
Cons
  • second floor of 2
  • lack of modern amenities

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 12% below the average for comparable properties.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 358 days.

  3. What is the scope of the work, and are there hidden problems with the wiring or plumbing?

    Because: The listing states that the property needs renovation.

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

    Because: The building dates from 1970 — about 56 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

  • living room
  • kitchen
  • bedroom
  • bedroom
  • balcony

Amenities

  • With Transition
  • Elevator
  • With Parking
  • Leasing
  • Barter
  • Internet Connection
  • Active Business
  • Video Surveillance
  • Access Control
  • Security
  • Renovated
  • Gated Community
  • Needs Renovation
  • Tax Credit Option

Details

Category
Residential
Rooms
3
Bathrooms
1
Furnishing
Yes

Approximate location

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

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