At market level
median 3,069 €/m² for comparable properties
240,000 € 2,926 €/m²
Rent covers ~ 58% of the payment
~ 619 €/mo rent · you top up ~ 446 €/mo
Sale203,000 €1,691 €/m²
Expected rent709 € /mo
~141,500 € BELOW MARKET
far below market
against the median for apartments in Mladost 1 (174 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Area
120 m²
Floor
24 / 25
Construction
EPC
Year
1980
Heating
District Heating
Yield analysis
Fair investment rating
Monthly payment901 €20% down payment · 20 yrs · 3%
Expected rent709 €at market conditions for the neighbourhood
The rent covers 79% of the payment — you top up about 192 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 24 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▼ 2.9% · 6,000 €
- 206,000 €
- 200,000 €▼ 6,000 € (2.9%)
- 203,000 €▲ 3,000 € (1.5%)
- 200,000 €▼ 3,000 € (1.5%)
Property analysis
This apartment is priced about 141,500 € below the typical price (the median) for apartments in Mladost 1 (174 properties) — 1,691 €/m² against 2,870 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
3-room apartment in Sofia, Mladost 1 district, located on the 24th floor of an EPK prefab building.
The layout is on two levels with a living room, bedroom with terrace, and two additional rooms on the second level suitable for an office or studio.
The building dates from 1989, with EPK construction, two elevators, and heating by district heating and electricity. The property has been renovated and is offered furnished.
The location is close to Tsarigradsko shose Blvd, a metro station, and numerous amenities providing good transport access.
Suitable for living or combined residential and work environment with a convenient urban location.
With 20% down over 20 years the monthly mortgage payment is about 901 €, against an expected local rent of 709 €. The rent covers 79% of it.
This property is advertised in 2 offers from 2 different sellers. All offers are at the same price. It has been listed for 270 days. The asking price has fallen by 6,000 € (2.9%) since it was first listed.
Pros and cons
AI summaryPros
- panoramic terrace
- two levels
- good transport access
- renovated
Cons
- high floor
- EPK construction
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 41% below the average for comparable properties.
Is there still room to negotiate, and why has it not sold yet?
Because: The price has been cut 2 times — about 3% below the original asking price.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 270 days.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 years old.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- bedroom
- living room
- kitchenette
- bathroom
- room
- room
Amenities
- Elevator
- Access Control
- With Transition
- With Parking
- Video Surveillance
- Security
- Renovated
- Tax Credit Option
Exposure
AI summarySSouth
Maximum sunlight throughout the day
EEast
Morning sun, cooler afternoons
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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At market level
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