Sale

Three-room apartment in Ovcha kupel 1 with terraces and elevator

SofiaOvcha Kupel 1
Published: 10 June 2026 Updated: 2 October 2026
Sale179,999 €2,727 €/m²
Expected rent668 € /mo

~35,500 € ABOVE MARKET

overpriced

against the median for 2-room apartments in Ovcha Kupel 1 (133 properties)

Area
66 m²
Floor
6 / 6
Construction
Panel
Year
1992
Heating
District Heating

Yield analysis

Fair investment rating

4.5% / yr
Monthly payment799 €20% down payment · 20 yrs · 3%
Expected rent668 €at market conditions for the neighbourhood

The rent covers 84% of the payment — you top up about 131 €/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 35,500 € above the typical price (the median) for 2-room apartments in Ovcha Kupel 1 (133 properties) — 2,727 €/m² against 2,192 €/m².

A three-room apartment with an area of 66 sq m is located in Ovcha kupel 1, Sofia. The property includes a living room, bedroom, kitchen, bathroom with toilet, and two terraces, with an L-shaped corridor layout. The apartment is situated on the sixth floor of a prefab panel building with an elevator. The building was constructed in 1992 and requires renovation. The location is convenient, close to Ovcha kupel metro station and commercial facilities such as Kaufland. The property is suitable for those seeking a well-connected location with the possibility to renovate according to personal preferences.

With 20% down over 20 years the monthly mortgage payment is about 799 €, against an expected local rent of 668 €. The rent covers 84% of it.

This property is advertised in 5 offers from 3 different sellers. The gap between the cheapest and the dearest is 1 €. It has been listed for 123 days.

Source: Market statistics for 2-room apartments in Ovcha Kupel 1

Pros and cons

AI summary
Pros
  • elevator
  • close to metro
  • terraces
  • basement storage
Cons
  • needs renovation
  • top floor
  • prefab panel construction

Questions for the viewing

Only on imotesa

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

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

    Because: The property appears in 5 listings at the same price.

  2. What is the scope of the work, and are there hidden problems with the wiring or plumbing?

    Because: The listing states that the property needs renovation.

  3. Has the block been insulated under the renovation programme, and is there paperwork for it?

    Because: Prefabricated panel construction.

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

    Because: The property is on the top floor.

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

Layout

  • living room
  • bedroom
  • kitchen

Amenities

  • Elevator
  • Needs Renovation

Details

Category
Residential
Rooms
3
Bathrooms
1

Approximate location

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

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