Sale

Three-room apartment with large terrace in Ovcha kupel, Sofia

SofiaOvcha Kupel
Published: 1 October 2026 Updated: 1 October 2026
Sale210,000 €1,206 €/m²
Expected rent775 € /mo

~173,500 € BELOW MARKET

far below market

against the median for 3-room apartments in Ovcha Kupel (480 properties)

A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

Area
174 m²
Floor
5 / 5
Construction
Brick
Year
2008
Heating
Gas

Yield analysis

Fair investment rating

4.4% / yr
Monthly payment932 €20% down payment · 20 yrs · 3%
Expected rent775 €at market conditions for the neighbourhood

The rent covers 83% of the payment — you top up about 157 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 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 173,500 € below the typical price (the median) for 3-room apartments in Ovcha Kupel (480 properties) — 1,206 €/m² against 2,203 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

Apartment with three rooms in the Ovcha kupel district, Sofia. It features an entrance hall, living room with kitchenette, and two bedrooms. There is a large south-facing terrace of over 76 sq m with panoramic views of Vitosha. The building is brick, built in 2008, on the top floor (5/5) with an elevator. Heating is by air conditioners, which may require additional investment for centralized heating. The location is convenient, close to a supermarket, school, and metro station, as well as parking options in the area. The property combines a functional layout and large outdoor space, suitable for those seeking space and views in an urban environment.

With 20% down over 20 years the monthly mortgage payment is about 932 €, against an expected local rent of 775 €. The rent covers 83% of it.

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

Pros and cons

AI summary
Pros
  • large terrace
  • panoramic view
  • elevator
  • close to metro
Cons
  • top floor
  • heating by air conditioners

Questions for the viewing

Only on imotesa

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

  1. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 45% below the average for comparable properties.

  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. 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

  • hall
  • living room
  • kitchenette
  • bedroom
  • bedroom
  • bathroom

Amenities

  • Elevator
  • With Parking
  • Internet Connection
  • Access Control
  • Renovated
  • Needs Renovation
  • Tax Credit Option

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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