Sale

Three-room apartment with yard in Simeonovo, Sofia

SofiaSimeonovo

Published: 1 August 2026 Updated: 1 August 2026

Sale350,000 €2,333 €/m²

Expected rent1,087 € /mo

~98,500 € BELOW MARKET

good value

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

Area

150 m²

Floor

0 / 4

Construction

Brick

Year

2009

Heating

Gas

Yield analysis

Low investment rating

3.7% / yr

Monthly payment1,553 €20% down payment · 20 yrs · 3%

Expected rent1,087 €at market conditions for the neighbourhood

The rent covers 70% of the payment — you top up about 466 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 27 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 98,500 € below the typical price (the median) for 3-room apartments in Simeonovo (63 properties) — 2,333 €/m² against 2,991 €/m².

Three-room apartment in the city of Sofia, Simeonovo district, located on the ground floor of a gated complex.

The layout includes a spacious living room with access to a yard/terrace, two separate bedrooms, and two bathrooms, providing convenience and functionality.

The property was built with brick materials in 2009, with maintained common areas, an elevator, and heating by electricity and gas.

The complex offers controlled access, video surveillance, live security, a fitness and spa area, as well as underground parking spaces.

The location combines proximity to urban infrastructure and the nature of Vitosha, suitable for people seeking tranquility and amenities in the city.

With 20% down over 20 years the monthly mortgage payment is about 1,553 €, against an expected local rent of 1,087 €. The rent covers 70% of it.

Source: Market statistics for 3-room apartments in Simeonovo

Pros and cons

AI summary

Pros

functional layout
southern aspect
gated complex
underground parking

Cons

ground floor

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 22% below the average for comparable properties.

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