SaleRent

Three-room apartment in Serdika with balcony on Akad.Ivan Evst.Geshov Blvd

SofiaSerdika
Published: 6 January 2026 Updated: 1 October 2026
Sale315,000 €3,150 €/m²
Expected rent861 € /mo

~64,000 € BELOW MARKET

good value

against the median for 3-room apartments in Serdika (43 properties)

Area
100 m²
Floor
2 / 12
Construction
EPC
Year
1990
Heating
District Heating

Yield analysis

Low investment rating

3.3% / yr
Monthly payment1,398 €20% down payment · 20 yrs · 3%
Expected rent861 €at market conditions for the neighbourhood

The rent covers 62% of the payment — you top up about 537 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 30 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▼ 6% · 19,998 €
  1. 334,998 €6 January 2026Initial price
  2. 330,000 €▼ 4,998 € (1.5%) 4 March 2026Price reduced
  3. 329,998 €▼ 2 € (0%) 2 July 2026Price reduced
  4. 315,000 €▼ 14,998 € (4.5%) 4 August 2026Price reduced
  5. 315,000 €▲ 0 € (0%) 4 August 2026Price increased
  6. 315,000 €▲ 0 € (0%) 7 August 2026Price increasedCurrent

Property analysis

This apartment is priced about 64,000 € below the typical price (the median) for 3-room apartments in Serdika (43 properties) — 3,150 €/m² against 3,792 €/m².

The apartment is located in Sofia city, Serdika district, on Akad.Ivan Evst.Geshov Blvd. The layout includes a wide corridor, kitchen, living room, two bedrooms, two bathrooms and a balcony. The property is on the 2nd floor of 14 in a building from 1980, EPK prefab construction. The condition is fully renovated with high-quality materials and furnished with new appliances and furniture. Nearby there is a public transport stop, playgrounds and commercial facilities. The property is suitable for people seeking convenient urban living with good infrastructure and functional layout.

With 20% down over 20 years the monthly mortgage payment is about 1,398 €, against an expected local rent of 861 €. The rent covers 62% of it.

This property is advertised in 5 offers from 2 different sellers. All offers are at the same price. It has been listed for 269 days. The asking price has fallen by 19,998 € (6%) since it was first listed.

Source: Market statistics for 3-room apartments in Serdika

Pros and cons

AI summary
Pros
  • functional layout
  • two bathrooms
  • balcony
  • close to public transport
Cons
  • second floor
  • EPK construction

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 17% 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 3 times — about 6% below the original asking price.

  3. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 269 days.

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

Layout

  • corridor
  • kitchen
  • living room
  • bedroom
  • bedroom

Amenities

  • Elevator
  • Access Control
  • With Parking
  • Internet Connection
  • Renovated
  • Luxury
  • Wiring

Details

Category
Residential
Rooms
3
Bathrooms
2
Furnishing
Yes

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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