Sale

Three-room apartment in Simeonovo with two bathrooms and balconies

SofiaSimeonovo
Published: 1 January 2026 Updated: 3 September 2026
Sale260,540 €1,944 €/m²
Expected rent1,072 € /mo

~140,500 € BELOW MARKET

good value

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

Area
134 m²
Floor
2 / 6
Construction
Brick
Heating
Gas

Yield analysis

Fair investment rating

4.9% / yr
Monthly payment1,156 €20% down payment · 20 yrs · 3%
Expected rent1,072 €at market conditions for the neighbourhood

The rent covers 93% of the payment — you top up about 84 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 20 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▼ 38.1% · 160,379 €
  1. 420,919 €8 February 2026Initial price
  2. 242,900 €▼ 178,019 € (42.3%) 25 February 2026Price reduced
  3. 260,540 €▲ 17,640 € (7.3%) 2 April 2026Price increasedCurrent

Property analysis

This apartment is priced about 140,500 € below the typical price (the median) for 3-room apartments in Simeonovo (63 properties) — 2,004 €/m² against 2,991 €/m².

Three-room apartment with an area of 134 sq m, located in the city of Sofia, Simeonovo in the residential complex Vitosha Suites.

The layout includes an entrance hall, living room with dining area and kitchenette, two bedrooms, two bathrooms with toilets and two balconies, providing convenience and functionality.

The building is brick with mineral plaster and an Etalbond facade, equipped with an ORONA elevator and individual gas heating. The common areas are finished with quality materials such as granite tiles and paneling.

The location offers access to nature via the Simeonovo – Aleko gondola lift, proximity to Sofia Ring Mall and convenient transport connections through the Southern Arc of the Ring Road.

The property is suitable for families seeking tranquility and amenities in a gated complex with easy access to urban infrastructure and nature.

With 20% down over 20 years the monthly mortgage payment is about 1,156 €, against an expected local rent of 1,072 €. The rent covers 93% of it.

The asking price has fallen by 160,379 € (38.1%) since it was first listed.

Source: Market statistics for 3-room apartments in Simeonovo

Pros and cons

AI summary
Pros
  • functional layout
  • gated complex
  • construction quality
  • good location
Cons
  • no Act 16
  • incomplete finishing

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 33% below the average for comparable properties.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 274 days.

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

Layout

  • living room with dining area and kitchenette
  • bedroom
  • bedroom

Amenities

  • Elevator
  • Access Control
  • With Parking
  • Internet Connection

Details

Category
Residential
Rooms
3
Bathrooms
2

Location

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