Sale

Spacious 4-room apartment in Iztok residential complex with parking space

SofiaIztok
Published: 6 April 2026 Updated: 8 September 2026
Sale490,000 €3,288 €/m²
Expected rent1,770 € /mo

~83,500 € BELOW MARKET

good value

against the median for 4-room apartments in Iztok (50 properties)

Area
149 m²
Floor
3 / 4
Construction
Brick
Year
1970
Heating
District Heating

Yield analysis

Fair investment rating

4.3% / yr
Monthly payment2,174 €20% down payment · 20 yrs · 3%
Expected rent1,770 €at market conditions for the neighbourhood

The rent covers 81% of the payment — you top up about 404 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

4 changes since listing▼ 5.8% · 30,000 €
  1. 520,000 €6 June 2026Initial price
  2. 550,000 €▲ 30,000 € (5.8%) 30 June 2026Price increased
  3. 520,000 €▼ 30,000 € (5.5%) 30 June 2026Price reduced
  4. 490,000 €▼ 30,000 € (5.8%) 5 September 2026Price reduced
  5. 490,000 €▲ 0 € (0%) 8 September 2026Price increasedCurrent

Property analysis

This apartment is priced about 83,500 € below the typical price (the median) for 4-room apartments in Iztok (50 properties) — 3,288 €/m² against 3,848 €/m².

The apartment is located in Iztok residential complex, Sofia, on the third floor of four in a brick building from 1970 with an Act 16.

The layout includes a spacious living room with vestibule, kitchen with dining area, three bedrooms, two bathrooms and three balconies, providing good functionality and natural light.

The building has a fully renovated roof, maintained entrance and private yard with parking space, heating is district heating, and the windows are triple-glazed PVC.

The location is close to Joliot Curie metro station, main roads, schools and green areas, ensuring convenience for city living.

The property is suitable for a family home with the possibility to convert and divide into two separate apartments, adding flexibility in use.

With 20% down over 20 years the monthly mortgage payment is about 2,174 €, against an expected local rent of 1,770 €. The rent covers 81% of it.

This property is advertised in 4 offers, all from the same agency. All offers are at the same price. It has been listed for 185 days. The asking price has fallen by 30,000 € (5.8%) since it was first listed.

Source: Market statistics for 4-room apartments in Iztok

Pros and cons

AI summary
Pros
  • functional layout
  • parking space
  • three balconies
  • close to metro
Cons
  • no elevator
  • walk-through rooms

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 15% below the average for comparable properties.

  2. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 2 times — about 6% below the original asking price.

  3. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 185 days.

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

    Because: The building dates from 1970 — about 56 years old.

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

Layout

  • living room
  • kitchen
  • bedroom
  • bedroom
  • study
  • closet

Amenities

  • With Transition
  • With Parking
  • Elevator
  • Access Control

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

NNorth

Even light, cooler during summer

EEast

Morning sun, cooler afternoons

WWest

Afternoon and evening sun

Details

Category
Residential
Rooms
4
Bathrooms
2
Furnishing
Yes

Location

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