Three-room apartment with potential for conversion in Meditsinska Akademiya

This apartment is priced at the typical price (the median) for 4-room apartments in Medicinska Akademiya (324 properties) — 3,272 €/m² against 3,435 €/m².

Three-room apartment in Sofia, district Meditsinska Akademiya.

The property features a living room, separate kitchen, two walk-through bedrooms, bathroom, separate toilet, and laundry room, providing a functional layout and the possibility to convert into a four-room apartment.

The building is prefab panel, the apartment is on the 3rd floor of 6, and requires full renovation. The aspect is east, west, and north, ensuring good natural light.

The area is well developed with numerous medical and educational institutions, convenient public transport, and green spaces. Parking is organized through a green zone.

The property is suitable both as a family home and as an investment due to its functional layout and location with good access to the city center and services.

With 20% down over 20 years the monthly mortgage payment is about 1,307 €, against an expected local rent of 1,512 €. The rent covers the whole payment (116%).

The asking price has fallen by 556 € (0.2%) since it was first listed.

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