Three-room apartment with yard in Simeonovo, Sofia

This apartment is priced about 239,500 € below the typical price (the median) for 3-room apartments in Simeonovo (63 properties) — 1,445 €/m² against 2,991 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

The apartment is located in the Simeonovo district of Sofia, in a new building with three floors. The property is a maisonette on the first and second floors with a total area of 155 sq m, including yard and verandas.

The layout includes a living room with dining area and kitchenette, two bedrooms, two bathrooms, a walk-in closet, entrance hall, and two verandas, as well as a private yard. The room shapes are regular, and the aspect is east-west.

The construction is brick with quality materials, heating is by heat pump, and the building has an elevator, controlled access, and parking spaces. The apartment is delivered according to BDS standards, with prepared installations and options for flooring selection.

The location is quiet and well connected to city infrastructure, close to Sofia Ring Mall, business park, and transport lines. The area is preferred for living and investment.

The property is suitable for family living with conveniences and functional layout in a new building with parking space option.

With 20% down over 20 years the monthly mortgage payment is about 994 €, against an expected local rent of 1,072 €. The rent covers the whole payment (108%).

Source: Market statistics for 3-room apartments in Simeonovo