Sale

Four-room apartment with two terraces in Ilinden, Sofia

SofiaIlinden
Published: 2 March 2026 Updated: 7 September 2026
Sale310,000 €3,647 €/m²
Expected rent648 € /mo

~85,500 € ABOVE MARKET

overpriced

against the median for apartments in Ilinden (73 properties)

Area
85 m²
Floor
4 / 4
Construction
Brick
Year
1960

Yield analysis

Low investment rating

2.5% / yr
Monthly payment1,375 €20% down payment · 20 yrs · 3%
Expected rent648 €at market conditions for the neighbourhood

The rent covers 47% of the payment — you top up about 727 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 40 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

3 changes since listing▼ 18.4% · 70,000 €
  1. 380,000 €2 March 2026Initial price
  2. 345,000 €▼ 35,000 € (9.2%) 20 April 2026Price reduced
  3. 330,000 €▼ 15,000 € (4.3%) 15 May 2026Price reduced
  4. 310,000 €▼ 20,000 € (6.1%) 7 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 85,500 € above the typical price (the median) for apartments in Ilinden (73 properties) — 3,647 €/m² against 2,643 €/m².

The apartment is located in Sofia city, Ilinden district, on Alexander Stamboliyski Blvd.

The layout includes three bedrooms, a living room, and two bathrooms, with the living room and one bedroom facing south, and the other two bedrooms facing north. There are two terraces – one in front of the living room and one in front of a bedroom.

The building is brick, built in 1960, and the apartment is on the top, fourth floor. A full renovation was done, including the roof in 2024, and the entrance door has remote control.

The location offers a view of Vitosha and a large courtyard with plenty of greenery, with free parking available.

The property is suitable for family use with a balanced layout and updated infrastructure.

With 20% down over 20 years the monthly mortgage payment is about 1,375 €, against an expected local rent of 648 €. The rent covers 47% of it.

The asking price has fallen by 70,000 € (18.4%) since it was first listed.

Source: Market statistics for apartments in Ilinden

Pros and cons

AI summary
Pros
  • functional layout
  • full renovation
  • two terraces
  • view of Vitosha
Cons
  • top floor
  • north aspect

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 3 times — about 18% below the original asking price.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 214 days.

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

    Because: The building dates from 1960 — about 66 years old.

  4. What condition is the roof in, and does it overheat in summer?

    Because: The property is on the top floor.

  5. Is there enough daylight, and does damp appear? What are the heating bills like?

    Because: The advertised exposure faces north only.

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

Layout

  • bedroom
  • bedroom
  • bedroom
  • living room

Exposure

AI summary
NNorth

Even light, cooler during summer

Details

Category
Residential
Rooms
4
Bathrooms
2

Location

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