Three-room apartment with parking in Ovcha kupel, Sofia

This apartment is priced at the typical price (the median) for 3-room apartments in Ovcha Kupel (37 properties) — 2,550 €/m² against 2,433 €/m².

A three-room apartment is offered in the Ovcha kupel district of Sofia, on Institutska St. The property has a floor area of 100 sq m and is located on the 3rd floor of 4 in a brick building from 2008. The layout includes an entrance hall, living room with kitchen and glazed balcony, two walk-through bedrooms, one of which has a balcony, two bathrooms with toilets, and a basement. The apartment has PVC windows and a west-north aspect, providing good light and coolness during the summer. The building is part of a gated complex with controlled access, parking, and landscaped yard, suitable for families with children. The property needs refreshing renovation, with floor insulation reducing heating costs. The location is quiet, with easy access to public transport, shops, park, and Vitosha mountain. This makes the property suitable both for permanent residence and as an investment for rental purposes.

With 20% down over 20 years the monthly mortgage payment is about 1,131 €, against an expected local rent of 843 €. The rent covers 75% of it.

This property is advertised in 3 offers, all from the same agency. The gap between the cheapest and the dearest is 10,000 €. It has been listed for 60 days.

Source: Market statistics for 3-room apartments in Ovcha Kupel