Sale

Three-room apartment with balcony in Reduta district, Sofia

SofiaReduta
Published: 1 June 2026 Updated: 9 September 2026
Sale297,000 €3,300 €/m²
Expected rent715 € /mo

~28,000 € ABOVE MARKET

above market

against the median for 3-room apartments in Reduta (56 properties)

Area
90 m²
Floor
3 / 5
Construction
Brick
Year
2009

Yield analysis

Low investment rating

2.9% / yr
Monthly payment1,318 €20% down payment · 20 yrs · 3%
Expected rent715 €at market conditions for the neighbourhood

The rent covers 54% of the payment — you top up about 603 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 35 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

2 changes since listing▼ 4.8% · 15,000 €
  1. 314,000 €1 June 2026Initial price
  2. 309,000 €▼ 5,000 € (1.6%) 1 June 2026Price reduced
  3. 299,000 €▼ 10,000 € (3.2%) 11 August 2026Price reducedCurrent

Property analysis

This apartment is priced about 28,000 € above the typical price (the median) for 3-room apartments in Reduta (56 properties) — 3,300 €/m² against 2,989 €/m².

Three-room apartment in Sofia, Reduta district, located on the third floor of a five-storey brick building from 2009. The property has a 90 sq m floor area and includes a basement and land.

The layout is functional with a living room and kitchenette, two separate bedrooms, and a large balcony accessible from the living room and one bedroom. There are no walk-through rooms, which improves usability.

The building is a solid brick construction with an elevator and restricted access, providing convenience and security. Heating is electric with air conditioning and convectors, keeping costs low.

The location is close to Geo Milev Park, schools, kindergartens, and Serdika shopping center, offering amenities and greenery in the area.

The property is suitable for families seeking a comfortable and practical home in a quiet and well-organized district of Sofia.

With 20% down over 20 years the monthly mortgage payment is about 1,318 €, against an expected local rent of 715 €. The rent covers 54% of it.

The asking price has fallen by 15,000 € (4.8%) since it was first listed.

Source: Market statistics for 3-room apartments in Reduta

Pros and cons

AI summary
Pros
  • functional layout
  • middle floor
  • elevator
  • close to park
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. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 2 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

  • living room
  • bedroom
  • bedroom

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.

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