Sale

Three-room apartment with two terraces in Strelbishte, Sofia

SofiaStrelbishte
Published: 5 August 2026 Updated: 3 September 2026
Sale211,000 €2,776 €/m²
Expected rent848 € /mo

~54,000 € BELOW MARKET

good value

against the median for 3-room apartments in Strelbishte (112 properties)

Area
76 m²
Floor
4 / 7
Construction
Panel
Year
1970
Heating
District Heating

Yield analysis

Fair investment rating

4.8% / yr
Monthly payment936 €20% down payment · 20 yrs · 3%
Expected rent848 €at market conditions for the neighbourhood

The rent covers 91% of the payment — you top up about 88 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

1 change since listing▼ 3.7% · 8,000 €
  1. 219,000 €5 August 2026Initial price
  2. 211,000 €▼ 8,000 € (3.7%) 3 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 54,000 € below the typical price (the median) for 3-room apartments in Strelbishte (112 properties) — 2,776 €/m² against 3,489 €/m².

Three-room apartment in the district of Strelbishte, Sofia, located on the fourth floor of seven in a prefab panel building.

The property has a functional layout with a spacious living room, two bedrooms (one walk-through), separate kitchen, bathroom and toilet, as well as two terraces accessible from the living room, bedroom, and kitchen.

The building was constructed in 1970, with an elevator and controlled access, but the apartment needs renovation.

The location is well connected and green, close to Goce Delchev Blvd, Yuzhen Park, schools, and public transport stops.

Suitable for family living or investment with the possibility of renovation according to personal preferences.

With 20% down over 20 years the monthly mortgage payment is about 936 €, against an expected local rent of 848 €. The rent covers 91% of it.

The asking price has fallen by 8,000 € (3.7%) since it was first listed.

Source: Market statistics for 3-room apartments in Strelbishte

Pros and cons

AI summary
Pros
  • functional layout
  • two terraces
  • elevator
  • controlled access
Cons
  • needs renovation

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 20% below the average for comparable properties.

  2. Is there still room to negotiate?

    Because: The price has been cut once, by about 4%.

  3. What is the scope of the work, and are there hidden problems with the wiring or plumbing?

    Because: The listing states that the property needs renovation.

  4. Has the block been insulated under the renovation programme, and is there paperwork for it?

    Because: Prefabricated panel construction.

  5. Have the risers been replaced, and when was the roof last repaired?

    Because: The building dates from 1970 — about 56 years old.

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

Layout

  • living room
  • bedroom
  • bedroom
  • kitchen
  • bathroom
  • toilet

Amenities

  • Elevator
  • Access Control
  • Needs Renovation

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

NNorth

Even light, cooler during summer

Details

Category
Residential
Rooms
3
Bathrooms
2

Location

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