Three-room apartment with three balconies in Meditsinska Akademiya, Sofia

This apartment is priced about 71,000 € above the typical price (the median) for 4-room apartments in Medicinska Akademiya (14 properties) — 4,289 €/m² against 3,625 €/m².

Three-room apartment with an area of 106.5 sq m, located on the second floor of a brick building in the Meditsinska Akademiya area of Sofia.
The layout includes a spacious living room, two separate rooms, separate kitchen, bathroom, toilet and three balconies, providing functional use of the space.
The building is a solid brick construction from the 1970s with a maintained entrance and controlled access, but without an elevator. The apartment is in need of full renovation, offering the opportunity for personalization.
The location is convenient with proximity to Meditsinski Universitet metro station, educational institutions, hospitals and public transport. The area is consistently sought after and offers easy access to the centre of Sofia.
The property is suitable for those looking for a spacious city home with the possibility to renovate according to personal preferences.

With 20% down over 20 years the monthly mortgage payment is about 2,036 €, against an expected local rent of 1,082 €. The rent covers 53% of it.

Source: Market statistics for 4-room apartments in Medicinska Akademiya