Sale

4-room apartment with two balconies in Ivan Vazov, Sofia

SofiaIvan Vazov
Published: 10 March 2026 Updated: 30 September 2026
Sale390,000 €3,277 €/m²
Expected rent2,274 € /mo

~115,500 € BELOW MARKET

good value

against the median for 4-room apartments in Ivan Vazov (12 properties)

Area
119 m²
Floor
1 / 5
Construction
Brick
Year
1980
Heating
District Heating

Yield analysis

Good investment rating

7% / yr
Monthly payment1,730 €20% down payment · 20 yrs · 3%
Expected rent2,274 €at market conditions for the neighbourhood

The rent covers 131% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 14 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

2 changes since listing▼ 9.3% · 40,000 €
  1. 430,000 €1 May 2026Initial price
  2. 465,000 €▲ 35,000 € (8.1%) 4 May 2026Price increased
  3. 390,000 €▼ 75,000 € (16.1%) 30 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 115,500 € below the typical price (the median) for 4-room apartments in Ivan Vazov (12 properties) — 3,277 €/m² against 4,247 €/m².

A 4-room apartment is offered in the Ivan Vazov district, city of Sofia.
The property features a living room with fireplace, 3 bedrooms, kitchenette, bathroom with toilet and separate toilet, as well as two glazed balconies.
The building is brick, built in 1980, and the apartment is located on the first floor of five.
The location is close to Yuzhen Park and Vitosha Blvd, with numerous green areas, kindergartens, schools and convenient access to public transport.
The property is suitable for families seeking functional layout and amenities in a central urban environment.

With 20% down over 20 years the monthly mortgage payment is about 1,730 €, against an expected local rent of 2,274 €. The rent covers the whole payment (131%).

The asking price has fallen by 40,000 € (9.3%) since it was first listed.

Source: Market statistics for 4-room apartments in Ivan Vazov

Pros and cons

AI summary
Pros
  • functional layout
  • green courtyard space
  • close to park
  • good location
Cons
  • ground floor

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 23% below the average for comparable properties.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 206 days.

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

    Because: The building dates from 1980 — about 46 years old.

  4. Is there damp, is there enough daylight, and what is the noise like?

    Because: The property is on the first floor.

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
  • bedroom
  • kitchenette

Details

Category
Residential
Rooms
4
Bathrooms
2

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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