Three-room apartment with 2 balconies in Nadezhda 1, Sofia

This apartment is priced about 20,000 € below the typical price (the median) for 3-room apartments in Nadejda 1 (68 properties) — 2,136 €/m² against 2,366 €/m².

This is a three-room apartment in Sofia, Nadezhda 1 district. It features four separate rooms and a separate kitchen. The property is located on the seventh floor of a prefab panel building with an elevator. The internal layout is functional with two balconies, one of which has been incorporated into the kitchen for additional space and light. The building has updated window frames, and the apartment itself has replaced window frames and flooring made of natural parquet and granite tiles. The property also includes a basement storage room. The location offers good infrastructure, close to the metro, public transport, schools, kindergartens, and retail outlets. The property is suitable both for personal use and as an investment. Overall, it presents a balanced property with amenities for urban living and a family environment.

With 20% down over 20 years the monthly mortgage payment is about 834 €, against an expected local rent of 724 €. The rent covers 87% of it.

The asking price has fallen by 5,600 € (2.9%) since it was first listed.

Source: Market statistics for 3-room apartments in Nadejda 1