Three-room apartment 88 sq m in Nadezhda 1 with two balconies

This apartment is priced about 19,000 € below the typical price (the median) for 3-room apartments in Nadejda 1 (68 properties) — 2,147 €/m² against 2,366 €/m².

Three-room apartment with an area of 88 sq m, located in the district of Nadezhda 1 in Sofia. The property is on the 5th floor of an 8-storey prefab panel building.

The layout includes a living room, two walk-through bedrooms, separate kitchen, two balconies, bathroom with toilet, second toilet, storage room and corridor. The apartment also has an adjacent basement of 4 sq m.

The building is prefab panel from 1970, with elevator, access control and parking in front of the block. The property needs renovation, with partially replaced window frames and glazed balcony on the kitchen. The roof was renovated 4 years ago.

The location offers convenient access to public transport, metro station, schools, kindergartens, health services and supermarkets.

Suitable for buyers looking for a home with potential for renovation in a well-served area with good infrastructure.

With 20% down over 20 years the monthly mortgage payment is about 839 €, against an expected local rent of 724 €. The rent covers 86% of it.

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