Sale

3-room apartment in Krasno selo with two terraces

SofiaKrasno Selo
Published: 2 June 2026 Updated: 8 September 2026
Sale229,000 €2,694 €/m²
Expected rent843 € /mo

~30,000 € ABOVE MARKET

above market

against the median for 2-room apartments in Krasno Selo (19 properties)

Area
85 m²
Floor
3 / 5
Construction
Brick
Year
1960
Heating
District Heating

Yield analysis

Fair investment rating

4.4% / yr
Monthly payment1,016 €20% down payment · 20 yrs · 3%
Expected rent843 €at market conditions for the neighbourhood

The rent covers 83% of the payment — you top up about 173 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

4 changes since listing▼ 11.5% · 29,900 €
  1. 258,900 €5 May 2026Initial price
  2. 258,900 €▲ 0 € (0%) 2 June 2026Price increased
  3. 255,900 €▼ 3,000 € (1.2%) 10 July 2026Price reduced
  4. 255,900 €▲ 0 € (0%) 10 July 2026Price increased
  5. 229,000 €▼ 26,900 € (10.5%) 7 August 2026Price reducedCurrent

Property analysis

This apartment is priced about 30,000 € above the typical price (the median) for 2-room apartments in Krasno Selo (19 properties) — 2,662 €/m² against 2,341 €/m².

3-room apartment in the Krasno selo district, Sofia. It is located on the third floor of a five-storey brick building from 1960.
The layout includes a large kitchen, two bedrooms, separate bathroom and toilet, as well as two terrace-loggias. The vestibule is dark, which limits natural light in one of the bedrooms.
The building is maintained, with a renovated roof two years ago. The apartment needs full renovation and redesign to improve its functionality and modern appearance.
The location is convenient, close to Krasno selo metro station and tram lines, as well as green areas and a future kindergarten nearby.
The property is suitable for people looking for a home with renovation potential in an urban environment with good transport connections.

With 20% down over 20 years the monthly mortgage payment is about 1,016 €, against an expected local rent of 843 €. The rent covers 83% of it.

This property is advertised in 3 offers, all from the same agency. All offers are at the same price. It has been listed for 150 days. The asking price has fallen by 29,900 € (11.5%) since it was first listed.

Source: Market statistics for 2-room apartments in Krasno Selo

Pros and cons

AI summary
Pros
  • two terraces
  • close to metro
  • maintained entrance
  • brick construction
Cons
  • needs renovation
  • dark vestibule

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, and why has it not sold yet?

    Because: The price has been cut 2 times — about 12% below the original asking price.

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

    Because: The property appears in 3 listings at the same price.

  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 1960 — about 66 years old.

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

Layout

  • kitchen
  • vestibule
  • bedroom
  • bathroom
  • WC
  • terrace
  • terrace

Amenities

  • Needs Renovation

Details

Category
Residential
Rooms
3
Bathrooms
2

Approximate location

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

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