4-room apartment in Ivan Vazov with large terrace

This apartment is priced about 90,500 € above the typical price (the median) for 4-room apartments in Ivan Vazov (12 properties) — 5,000 €/m² against 4,247 €/m².

The apartment is located in the Ivan Vazov district, Sofia, on the fourth floor of a five-storey building. It has an area of 120 sq m and was built of brick in 1980. The layout includes a living room with kitchenette, one walk-through and two separate bedrooms, a bathroom with toilet, a separate toilet, a laundry room, and a corridor. There is a large terrace facing south and west in front of all rooms, which does not overlook Vitosha Blvd. The building has an elevator and is in average condition. The location is close to Yuzhen Park and Vitosha Blvd, providing convenient access to urban infrastructure. The property requires renovation but offers potential for adaptation according to the needs of future occupants. This is a suitable home for those seeking a spacious apartment in a central urban environment with the possibility for refurbishment.

With 20% down over 20 years the monthly mortgage payment is about 2,662 €, against an expected local rent of 2,274 €. The rent covers 85% of it.

The asking price has fallen by 50,000 € (7.7%) since it was first listed.

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