Spacious 4-room apartment with high ceilings in the center of Sofia

This apartment is priced about 55,000 € below the typical price (the median) for 4-room apartments in Centyr (326 properties) — 3,000 €/m² against 3,429 €/m².

This 4-room apartment with an area of about 121 sq m is located in the heart of Sofia, in the Stara Sofia district. The property is situated on the 4th floor of 5 in a brick building from 1920 with a renovated facade preserving the authentic architectural style of the area.

The apartment features a functional layout, including a spacious living room, separate kitchen, four independent rooms, a bathroom with toilet, and an additional room with water connections that can be used as a second bathroom or laundry room. The two terraces add more light and connection to the outdoors.

The building has classic urban architecture and high ceilings of 3 meters, creating a sense of spaciousness and the characteristic spirit of old Sofia. The apartment is in need of renovation, offering the opportunity to create an individual and modern interior combining tradition and contemporary comfort.

The location is extremely convenient, with easy access to cultural and historical landmarks, shops, restaurants, and public transport. This makes the property suitable both for living and as an investment with development potential.

The overall assessment is for a property with character and a good balance between tradition and opportunities for modernization.

With 20% down over 20 years the monthly mortgage payment is about 1,597 €, against an expected local rent of 1,510 €. The rent covers 95% of it.

Source: Market statistics for 4-room apartments in Centyr