Three-room apartment with three balconies in Vrabnitsa 1, Sofia

This apartment is priced about 73,000 € below the typical price (the median) for 3-room apartments in Vrybnica 1 (26 properties) — 1,605 €/m² against 2,273 €/m².

Three-room apartment with an area of 109 sq m, located in Vrabnitsa 1, Lomsko Shose Blvd in the city of Sofia. The property is on the second floor of an eight-storey prefab panel building with an elevator.

The layout includes four separate rooms, a kitchen, bathroom, toilet, storage room and laundry room, as well as three balconies. It is possible to divide into separate residential units for more flexible use.

The building was constructed in 1980, prefab panel construction, and the apartment is partially renovated except for one room which needs refreshing. A basement is offered as additional space.

The location is convenient with proximity to two metro stations, tram and bus stops, as well as schools, kindergartens and retail outlets such as Lidl and Kaufland. Severny Park is about 500 m away.

The property is suitable for family use or for division into several residential parts with good transport and social infrastructure.

With 20% down over 20 years the monthly mortgage payment is about 776 €, against an expected local rent of 641 €. The rent covers 83% of it.

Source: Market statistics for 3-room apartments in Vrybnica 1