Sale

Spacious 3-room apartment in Ovcha kupel 2 with terrace and view

SofiaOvcha Kupel 2
Published: 20 May 2026 Updated: 4 September 2026
Sale223,330 €1,704 €/m²
Expected rent707 € /mo

~54,000 € BELOW MARKET

good value

against the median for 3-room apartments in Ovcha Kupel 2 (180 properties)

Area
131 m²
Floor
2 / 8
Construction
Brick
Year
2023
Heating
In Progress

Yield analysis

Low investment rating

3.8% / yr
Monthly payment991 €20% down payment · 20 yrs · 3%
Expected rent707 €at market conditions for the neighbourhood

The rent covers 71% of the payment — you top up about 284 €/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

3 changes since listing▼ 13.9% · 36,097 €
  1. 259,427 €20 May 2026Initial price
  2. 260,160 €▲ 733 € (0.3%) 21 May 2026Price increased
  3. 234,144 €▼ 26,016 € (10%) 3 June 2026Price reduced
  4. 223,330 €▼ 10,814 € (4.6%) 4 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 54,000 € below the typical price (the median) for 3-room apartments in Ovcha Kupel 2 (180 properties) — 1,704 €/m² against 2,118 €/m².

A 3-room apartment with an area of 131 sq m is located in the Ovcha kupel 2 residential complex, Sofia. The property is situated on the 2nd floor of a new brick building from 2023 with an elevator. The layout includes a corridor, a spacious living room with kitchen and access to a terrace, two bedrooms sharing a terrace, a bathroom with toilet, and a separate toilet. The building has Act 16 and offers the possibility to purchase an underground parking space. The location is convenient, close to the metro station, kindergarten, shops, and hospitals, with quick access to the ring road and city center. The property is suitable for family use and investment, combining functionality and convenience in an urban environment.

With 20% down over 20 years the monthly mortgage payment is about 991 €, against an expected local rent of 707 €. The rent covers 71% of it.

The asking price has fallen by 36,097 € (13.9%) since it was first listed.

Source: Market statistics for 3-room apartments in Ovcha Kupel 2

Pros and cons

AI summary
Pros
  • functional layout
  • southwest aspect
  • new brick building
  • close to metro
Cons

We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.

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 20% below the average for comparable properties.

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

    Because: The price has been cut 2 times — about 14% below the original asking price.

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

Layout

  • corridor
  • living room
  • kitchen
  • bedroom
  • bedroom
  • bathroom
  • toilet

Amenities

  • Elevator
  • With Parking
  • Renovated
  • Tax Credit Option

Details

Category
Residential
Rooms
3
Bathrooms
2

Location

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