Sale

Spacious three-room apartment with Vitosha view in Simeonovo

SofiaSimeonovo
Published: 6 February 2026 Updated: 30 September 2026
Sale440,000 €2,634 €/m²
Expected rent1,065 € /mo

~59,500 € BELOW MARKET

good value

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

Area
167 m²
Floor
2 / 3
Construction
Brick
Year
2023

Yield analysis

Low investment rating

2.9% / yr
Monthly payment1,952 €20% down payment · 20 yrs · 3%
Expected rent1,065 €at market conditions for the neighbourhood

The rent covers 55% of the payment — you top up about 887 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 34 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

4 changes since listing▼ 8.3% · 40,000 €
  1. 480,000 €6 February 2026Initial price
  2. 476,000 €▼ 4,000 € (0.8%) 7 April 2026Price reduced
  3. 465,000 €▼ 11,000 € (2.3%) 2 June 2026Price reduced
  4. 445,000 €▼ 20,000 € (4.3%) 10 August 2026Price reduced
  5. 440,000 €▼ 5,000 € (1.1%) 14 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 59,500 € below the typical price (the median) for 3-room apartments in Simeonovo (63 properties) — 2,650 €/m² against 2,991 €/m².

The presented three-room apartment is located in the Moreni Club Residence complex, situated in one of Sofia's preferred areas – Simeonovo. The property has a floor area of 167 sq m and features spacious rooms and high ceilings of 3.10 m, contributing to a sense of space and light. The layout includes a living room with a kitchenette and dining area, two bedrooms, one of which has an en-suite bathroom and walk-in closet, two terraces with mountain views, two bathrooms, and a separate storage room. The apartment is equipped with an air conditioning system, gas boiler, and underfloor heating, providing comfort throughout the year. The complex offers extensive green areas, playgrounds, and a lake, while security and video surveillance ensure safety. The location combines proximity to nature with city conveniences, including quick access to Ring Mall and Ikea.

With 20% down over 20 years the monthly mortgage payment is about 1,952 €, against an expected local rent of 1,065 €. The rent covers 55% of it.

The asking price has fallen by 40,000 € (8.3%) since it was first listed.

Source: Market statistics for 3-room apartments in Simeonovo

Pros and cons

AI summary
Pros
  • spacious rooms
  • high ceilings
  • Vitosha view
  • green areas and paths
Cons
  • parking space price separate
  • second floor
  • no elevator

Questions for the viewing

Only on imotesa

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

  1. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 4 times — about 8% below the original asking price.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 237 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 kitchenette and dining area
  • two bedrooms
  • two terraces
  • two bathrooms
  • storage/laundry room

Amenities

  • Elevator
  • With Parking
  • Video Surveillance
  • Security
  • Gated Community

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

NNorth

Even light, cooler during summer

Details

Category
Residential
Rooms
3
Bathrooms
2

Approximate location

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

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