Three-room apartment in Suhata reka with two terraces

This apartment is priced about 48,000 € below the typical price (the median) for 3-room apartments in Suhata Reka (101 properties) — 1,892 €/m² against 2,500 €/m².

The offered property is a three-room apartment in residential complex Suhata reka, Sofia. It is located on the 5th floor of an eight-storey prefab panel building. The apartment has a total area of 79 sq m and includes two terraces. The internal layout includes an entrance hall, living room with access to a balcony, kitchen with dining area, bedroom, bathroom and toilet. The building has an elevator and access control, and the apartment comes with a large basement storage. The construction is prefab panel from 1980, with the apartment in need of renovation with prepared walls and floor coverings. Heating is district heating. The area has well-developed infrastructure, close to Hadzhi Dimitar metro station, schools, kindergartens, shops and green spaces such as Gerena park. This makes the property suitable for living with convenient access to the centre and all necessary amenities. The property represents a balanced offer for family housing or investment.

With 20% down over 20 years the monthly mortgage payment is about 663 €, against an expected local rent of 682 €. The rent covers the whole payment (103%).

Source: Market statistics for 3-room apartments in Suhata Reka