Sale

Three-room apartment with balconies in Nadezhda 4, Sofia

SofiaNadejda 4
Published: 8 April 2026 Updated: 30 September 2026
Sale182,900 €2,055 €/m²
Expected rent595 € /mo

~21,000 € BELOW MARKET

good value

against the median for 3-room apartments in Nadejda 4 (37 properties)

Area
89 m²
Floor
4 / 4
Construction
Brick
Year
1960
Heating
District Heating

Yield analysis

Low investment rating

3.9% / yr
Monthly payment811 €20% down payment · 20 yrs · 3%
Expected rent595 €at market conditions for the neighbourhood

The rent covers 73% of the payment — you top up about 216 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 26 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

7 changes since listing▼ 12.1% · 25,100 €
  1. 208,000 €8 April 2026Initial price
  2. 208,000 €▲ 0 € (0%) 9 April 2026Price increased
  3. 189,000 €▼ 19,000 € (9.1%) 5 June 2026Price reduced
  4. 199,000 €▲ 10,000 € (5.3%) 23 June 2026Price increased
  5. 199,000 €▲ 0 € (0%) 23 June 2026Price increased
  6. 189,000 €▼ 10,000 € (5%) 6 July 2026Price reduced
  7. 182,900 €▼ 6,100 € (3.2%) 1 September 2026Price reduced
  8. 182,900 €▲ 0 € (0%) 8 September 2026Price increasedCurrent

Property analysis

This apartment is priced about 21,000 € below the typical price (the median) for 3-room apartments in Nadejda 4 (37 properties) — 2,055 €/m² against 2,289 €/m².

Three-room apartment in Sofia, Nadezhda 4 district, located on the top floor of a brick building from 1960. The total area is 89 sq m.
The layout includes a large and bright living room, separate kitchen, two bedrooms, two balconies, corridor, bathroom and separate toilet.
The building has maintained common areas, after a major renovation of the entrance with replaced window frames. Heating and other amenities are not specified.
The location is well connected, close to Severen Park, schools and kindergartens, suitable for families with children.
The property offers a functional layout and conveniences for everyday urban living.

With 20% down over 20 years the monthly mortgage payment is about 811 €, against an expected local rent of 595 €. The rent covers 73% of it.

This property is advertised in 3 offers, all from the same agency. All offers are at the same price. It has been listed for 176 days. The asking price has fallen by 25,100 € (12.1%) since it was first listed.

Source: Market statistics for 3-room apartments in Nadejda 4

Pros and cons

AI summary
Pros
  • functional layout
  • two balconies
  • close to park
  • brick construction
Cons
  • top floor
  • no information on amenities

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 3 times — about 12% below the original asking price.

  2. Who am I negotiating with, and who is authorised to agree a price?

    Because: The property appears in 3 listings at the same price.

  3. Have the risers been replaced, and when was the roof last repaired?

    Because: The building dates from 1960 — about 66 years old.

  4. What condition is the roof in, and does it overheat in summer?

    Because: The property is on the top floor.

  5. Is there a lift in the building, and what condition is it in?

    Because: The property is on floor 4 and the listing does not mention a lift.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Layout

  • living room
  • kitchen
  • bedroom
  • bedroom

Details

Category
Residential
Rooms
3
Bathrooms
2
Furnishing
Yes

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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