Sale

4-bedroom apartment in Sofia, Iztok

SofiaIztok

Published: 2 January 2026 Updated: 8 September 2026

Sale480,000 €2,400 €/m²

Expected rent1,775 € /mo

~289,500 € BELOW MARKET

good value

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

Area

200 m²

Floor

2 / 6

Construction

Brick

Heating

District Heating

Yield analysis

Fair investment rating

4.4% / yr

Monthly payment2,130 €20% down payment · 20 yrs · 3%

Expected rent1,775 €at market conditions for the neighbourhood

The rent covers 83% of the payment — you top up about 355 €/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

3 changes since listing▼ 12.7% · 70,000 €

550,000 €26 February 2026Initial price
490,000 €▼ 60,000 € (10.9%) 1 March 2026Price reduced
540,800 €▲ 50,800 € (10.4%) 2 March 2026Price increased
480,000 €▼ 60,800 € (11.2%) 20 August 2026Price reducedCurrent

Property analysis

This apartment is priced about 289,500 € below the typical price (the median) for 4-room apartments in Iztok (50 properties) — 2,400 €/m² against 3,848 €/m².

With 20% down over 20 years the monthly mortgage payment is about 2,130 €, against an expected local rent of 1,775 €. The rent covers 83% of it.

The asking price has fallen by 70,000 € (12.7%) since it was first listed.

Source: Market statistics for 4-room apartments in Iztok

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 38% below the average for comparable properties.
Is there still room to negotiate, and why has it not sold yet?
Because: The price has been cut 2 times — about 13% below the original asking price.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 273 days.
What is the scope of the work, and are there hidden problems with the wiring or plumbing?
Because: The listing states that the property needs renovation.
Is there enough daylight during the day?
Because: The advertised exposure has no southern side.