+26% above market
median 2,774 €/m² for comparable properties
504,000 € 3,500 €/m²
Rent covers ~ 30% of the payment
~ 668 €/mo rent · you top up ~ 1,568 €/mo
Sale332,000 €3,952 €/m²
Expected rent715 € /mo
~81,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Reduta (56 properties)
Area
84 m²
Floor
2 / 5
Construction
Brick
Year
1999
Heating
District Heating
Yield analysis
Low investment rating
Monthly payment1,473 €20% down payment · 20 yrs · 3%
Expected rent715 €at market conditions for the neighbourhood
The rent covers 49% of the payment — you top up about 758 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 39 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
5 changes since listing▼ 5.1% · 17,900 €
- 349,900 €
- 334,990 €▼ 14,910 € (4.3%)
- 334,000 €▼ 990 € (0.3%)
- 333,900 €▼ 100 € (0%)
- 333,800 €▼ 100 € (0%)
- 332,000 €▼ 1,800 € (0.5%)
Property analysis
This apartment is priced about 81,000 € above the typical price (the median) for 3-room apartments in Reduta (56 properties) — 3,952 €/m² against 2,989 €/m².
The apartment is located in the Reduta district, Sofia, on the second floor of a brick building from 1999. The layout includes a corridor, living room with kitchenette, and two bedrooms, providing functional use of the space. The building has an elevator and well-maintained common areas, heating is district heating (TEC). The location is well connected, with quick access to Serdika Mall, Geo Milev Park, and public transport, in an area with green spaces and educational institutions. The property is suitable for a family home with conveniences and tranquility close to the city center.
With 20% down over 20 years the monthly mortgage payment is about 1,473 €, against an expected local rent of 715 €. The rent covers 49% of it.
The asking price has fallen by 17,900 € (5.1%) since it was first listed.
Pros and cons
AI summaryPros
- functional layout
- brick construction
- elevator
- good location
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 imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Is there still room to negotiate, and why has it not sold yet?
Because: The price has been cut 5 times — about 5% 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
- bedroom
- bedroom
- bathroom
Amenities
- Elevator
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
At market level
median 3,111 €/m² for comparable properties
589,900 € 3,277 €/m²
Rent covers ~ 47% of the payment
~ 1,232 €/mo rent · you top up ~ 1,385 €/mo
+41% above market
median 2,989 €/m² for comparable properties
445,000 € 4,198 €/m²
Rent covers ~ 36% of the payment
~ 715 €/mo rent · you top up ~ 1,259 €/mo
At market level
median 2,989 €/m² for comparable properties
399,000 € 2,770 €/m²
Rent covers ~ 40% of the payment
~ 715 €/mo rent · you top up ~ 1,055 €/mo
At market level
median 2,989 €/m² for comparable properties
159,999 € 3,199 €/m²
Rent covers ~ 94% of the payment
~ 668 €/mo rent · you top up ~ 42 €/mo
At market level
median 2,774 €/m² for comparable properties
365,000 € 2,607 €/m²
Rent covers ~ 41% of the payment
~ 668 €/mo rent · you top up ~ 951 €/mo
+26% above market
median 3,113 €/m² for comparable properties
234,500 € 3,908 €/m²
Rent covers ~ 61% of the payment
~ 635 €/mo rent · you top up ~ 405 €/mo
At market level
median 3,113 €/m² for comparable properties
165,000 € 3,113 €/m²
Rent covers ~ 87% of the payment
~ 635 €/mo rent · you top up ~ 97 €/mo