Sale

Spacious 3-room apartment in Nadezhda 1 with a view of Vitosha

SofiaNadejda 1

Published: 2 September 2026 Updated: 30 September 2026

Sale195,000 €2,074 €/m²

Expected rent724 € /mo

~27,500 € BELOW MARKET

good value

against the median for 3-room apartments in Nadejda 1 (68 properties)

Area

94 m²

Floor

4 / 7

Construction

Panel

Year

1980

Heating

District Heating

Yield analysis

Fair investment rating

4.5% / yr

Monthly payment865 €20% down payment · 20 yrs · 3%

Expected rent724 €at market conditions for the neighbourhood

The rent covers 84% of the payment — you top up about 141 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Property analysis

This apartment is priced about 27,500 € below the typical price (the median) for 3-room apartments in Nadejda 1 (68 properties) — 2,074 €/m² against 2,366 €/m².

The apartment is located in Sofia, Nadezhda 1 district, on Hristo Silyanov Blvd. The layout includes an entrance hall, a large kitchen with a balcony, a spacious living room, and two bedrooms, one of which has a balcony with a view of Vitosha. The property is situated on the fourth floor of seven in a prefab panel building with an elevator. The construction dates from 1980 and requires full renovation, allowing for the possibility of redesign according to the needs of the new owner. The location is convenient, close to shops, schools, kindergartens, and public transport stops. The property is suitable for family living with potential for adaptation and improvements.

With 20% down over 20 years the monthly mortgage payment is about 865 €, against an expected local rent of 724 €. The rent covers 84% of it.

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

Pros and cons

AI summary

Pros

functional layout
balcony with view
elevator
central location

Cons

prefab panel construction
needs full renovation

Questions for the viewing

Only on imotesa

Derived 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 12% below the average for comparable properties.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 years old.