Sale

Three-room apartment with two terraces in Lyulin 3, Sofia

SofiaLyulin 3
Published: 13 July 2026 Updated: 3 October 2026
Sale171,900 €2,046 €/m²
Expected rent540 € /mo

AT MARKET LEVEL

fairly priced

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

Area
84 m²
Floor
6 / 7
Construction
Panel
Year
1970
Heating
District Heating

Yield analysis

Low investment rating

3.8% / yr
Monthly payment763 €20% down payment · 20 yrs · 3%
Expected rent540 €at market conditions for the neighbourhood

The rent covers 71% of the payment — you top up about 223 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 27 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▼ 7% · 13,000 €
  1. 184,900 €29 July 2026Initial price
  2. 171,900 €▼ 13,000 € (7%) 3 October 2026Price reducedCurrent

Property analysis

This apartment is priced at the typical price (the median) for 3-room apartments in Lyulin 3 (33 properties) — 2,046 €/m² against 2,104 €/m².

Three-room apartment with an area of 84 sq m, located in the district of Lyulin 3 in Sofia. The property is situated on the 6th floor of 7 in a prefab panel block with an elevator and controlled access.

The layout includes a spacious living room, two separate bedrooms, separate kitchen, bathroom, toilet, laundry room, storage room and functional corridor. The apartment has two terraces with a total area of about 6 sq m and an adjoining basement.

The building is prefab panel from 1970, with maintained common areas and a working elevator with chip system. The apartment is in need of full renovation and is unfurnished.

The location is convenient, close to a metro station, shops, market, schools and kindergartens. There is free parking available around the block.

The property is suitable for reconstruction and adaptation according to the needs of the new owner, offering the possibility to improve functionality and comfort.

With 20% down over 20 years the monthly mortgage payment is about 763 €, against an expected local rent of 540 €. The rent covers 71% of it.

The asking price has fallen by 13,000 € (7%) since it was first listed.

Source: Average prices for 3-room apartments in Lyulin 3

Pros and cons

AI summary
Pros
  • functional layout
  • two terraces
  • elevator
  • controlled access
Cons
  • prefab panel construction
  • in need of full renovation

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 7%.

  2. 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.

  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 1970 — about 56 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
  • bedroom
  • bedroom
  • kitchen
  • bathroom
  • toilet
  • laundry room
  • storage room
  • corridor

Amenities

  • Elevator
  • Video Surveillance
  • Access Control
  • Needs Renovation

Details

Category
Residential
Rooms
3
Bathrooms
2

Location

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