Sale

Three-room apartment with two terraces in Lyulin 7, Sofia

SofiaLyulin 7

Published: 3 September 2026 Updated: 4 September 2026

Sale205,000 €2,440 €/m²

Expected rent497 € /mo

~38,000 € ABOVE MARKET

overpriced

against the median for 3-room apartments in Lyulin 7 (17 properties)

Area

84 m²

Floor

5 / 9

Construction

Panel

Year

1980

Heating

District Heating

Yield analysis

Low investment rating

2.9% / yr

Monthly payment910 €20% down payment · 20 yrs · 3%

Expected rent497 €at market conditions for the neighbourhood

The rent covers 55% of the payment — you top up about 413 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 34 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Property analysis

This apartment is priced about 38,000 € above the typical price (the median) for 3-room apartments in Lyulin 7 (17 properties) — 2,440 €/m² against 1,989 €/m².

Apartment with three rooms in the Lyulin 7 residential complex, Sofia, on the fifth floor of a nine-storey prefab panel building.

The layout includes a large living room, two separate bedrooms, a separate kitchen with a balcony, a second balcony off one of the bedrooms, an entrance hall with storage space and two toilets.

The building is prefab panel from 1980, with an elevator and access control; the apartment is in need of full renovation but has replaced window frames and risers. Heating is district heating.

The location is convenient, close to Lyulin metro station, schools, kindergartens and shops, in an area with green spaces between buildings.

The property is suitable for families looking for a spacious apartment with the possibility to renovate according to personal preferences.

With 20% down over 20 years the monthly mortgage payment is about 910 €, against an expected local rent of 497 €. The rent covers 55% of it.

Source: Market statistics for 3-room apartments in Lyulin 7

Pros and cons

AI summary

Pros

functional layout
two terraces
close to metro
access control

Cons

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.

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.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 years old.