Sale

Three-room apartment in Simeonovo with terrace and elevator

SofiaSimeonovo
Published: 4 July 2026 Updated: 14 September 2026
Sale295,000 €2,543 €/m²
Expected rent1,072 € /mo

~52,000 € BELOW MARKET

good value

against the median for 3-room apartments in Simeonovo (63 properties)

Area
116 m²
Floor
3 / 3
Construction
Brick
Year
2027

Yield analysis

Fair investment rating

4.4% / yr
Monthly payment1,309 €20% down payment · 20 yrs · 3%
Expected rent1,072 €at market conditions for the neighbourhood

The rent covers 82% of the payment — you top up about 237 €/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 52,000 € below the typical price (the median) for 3-room apartments in Simeonovo (63 properties) — 2,543 €/m² against 2,991 €/m².

Three-room apartment in a new boutique building on Simeonovska St, Simeonovo district, Sofia.

The layout includes a spacious living room with kitchenette and dining area, two bedrooms, bathroom with toilet, entrance hall, and terrace.

The building is brick construction from 2027, equipped with an elevator and high-quality materials such as Kömmerling PVC windows and thermal insulation.

The location offers tranquility and easy access to main roads, shopping centers, and Vitosha mountain.

The property is suitable for family use with a focus on comfort and functionality in a small residential building.

With 20% down over 20 years the monthly mortgage payment is about 1,309 €, against an expected local rent of 1,072 €. The rent covers 82% of it.

Source: Market statistics for 3-room apartments in Simeonovo

Pros and cons

AI summary
Pros
  • functional layout
  • new building
  • terrace
  • elevator
Cons
  • top floor

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 15% below the average for comparable properties.

  2. Has Act 16 been issued, and what guarantees cover the common parts?

    Because: The building dates from 2027.

  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

  • living room
  • kitchenette
  • dining area
  • bedroom
  • bedroom
  • bathroom
  • entrance hall
  • terrace

Amenities

  • Elevator

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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