Sale

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

SofiaLyulin 3
Published: 20 January 2026 Updated: 1 October 2026
Sale146,000 €1,738 €/m²
Expected rent549 € /mo

~30,500 € BELOW MARKET

good value

against the median for 3-room apartments in Lyulin 3 (32 properties)

Area
84 m²
Floor
1 / 8
Construction
Panel
Year
1970
Heating
District Heating

Yield analysis

Fair investment rating

4.5% / yr
Monthly payment648 €20% down payment · 20 yrs · 3%
Expected rent549 €at market conditions for the neighbourhood

The rent covers 85% of the payment — you top up about 99 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 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▼ 2% · 3,000 €
  1. 149,000 €7 February 2026Initial price
  2. 147,000 €▼ 2,000 € (1.3%) 26 February 2026Price reduced
  3. 144,000 €▼ 3,000 € (2%) 8 April 2026Price reduced
  4. 146,000 €▲ 2,000 € (1.4%) 20 July 2026Price increasedCurrent

Property analysis

This apartment is priced about 30,500 € below the typical price (the median) for 3-room apartments in Lyulin 3 (32 properties) — 1,738 €/m² against 2,104 €/m².

The offered property is a three-room apartment with an area of 84 sq m, located in the district of Lyulin 3, Sofia on a high first floor of an eight-storey prefab panel building.
The layout includes a corridor, living room with access to a glazed terrace, two bedrooms, separate kitchen with an enclosed terrace, bathroom with WC, separate WC and storage/wardrobe. The apartment is internal with east/west aspect and is not walk-through.
The building is prefab panel from 1970, with elevator and access control. The property needs renovation, with partially replaced PVC windows and replaced vertical risers. Heating is with disconnected district heating but there is hot water.
The location is close to kindergartens, schools, hypermarket and public transport stops, as well as a future metro station. Parking is possible near the block.
The property is suitable for people looking for a functional layout and the opportunity to renovate in a well-served area.

With 20% down over 20 years the monthly mortgage payment is about 648 €, against an expected local rent of 549 €. The rent covers 85% of it.

The asking price has fallen by 3,000 € (2%) since it was first listed.

Source: Market statistics for 3-room apartments in Lyulin 3

Pros and cons

AI summary
Pros
  • functional layout
  • two terraces
  • close to transport
  • access control
Cons
  • needs renovation
  • ground floor

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 17% below the average for comparable properties.

  2. Is there still room to negotiate, and why has it not sold yet?

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

  3. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 254 days.

  4. 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.

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

    Because: Prefabricated panel construction.

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

Layout

  • corridor
  • living room
  • bedroom
  • bedroom
  • kitchen
  • bathroom
  • wc
  • storage

Amenities

  • Elevator
  • With Parking
  • Internet Connection
  • Access Control
  • Needs Renovation

Exposure

AI summary
EEast

Morning sun, cooler afternoons

WWest

Afternoon and evening sun

Details

Category
Residential
Rooms
3

Location

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