Sale

Large apartment with garage in Iztok district, Sofia

SofiyaIztok
Published: 20 August 2026 Updated: 28 August 2026
Sale460,000 €2,200 €/m²
Expected rent1,695 € /mo

~343,000 € BELOW MARKET

far below market

against the median for 4-room apartments in Iztok (48 properties)

A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

Area
209 m²
Floor
1 / 8
Construction
Brick
Year
1994
Heating
District Heating

Yield analysis

Fair investment rating

4.4% / yr
Monthly payment2,041 €20% down payment · 20 yrs · 3%
Expected rent1,695 €at market conditions for the neighbourhood

The rent covers 83% of the payment — you top up about 346 €/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.

Property analysis

This apartment is priced about 343,000 € below the typical price (the median) for 4-room apartments in Iztok (48 properties) — 2,200 €/m² against 3,841 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

Large apartment with an area of 209 sq m in the Iztok district, Sofia. The property is spread over two levels - ground floor and first floor in a building with a total of 8 floors.

The layout includes two separate entrances, allowing flexible use as a family home or office with a separate guest area. The aspect is south/north, providing natural light throughout the day.

The building is brick from 1994, with well-maintained common areas, elevator, and natural stone facade. The property includes a garage with heated connection, which adds convenience.

The Iztok district is among the prestigious areas of Sofia, with good infrastructure and access to urban amenities.

The property requires renovation but offers the opportunity for adaptation according to the needs of future owners and is suitable for those seeking a spacious residential or mixed-use property.

With 20% down over 20 years the monthly mortgage payment is about 2,041 €, against an expected local rent of 1,695 €. The rent covers 83% of it.

This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 27 days.

Source: Market statistics for 4-room apartments in Iztok

Pros and cons

AI summary
Pros
  • functional layout
  • garage with heated connection
  • elevator
  • south/north aspect
Cons
  • needs renovation
  • 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 43% below the average for comparable properties.

  2. Who am I negotiating with, and who is authorised to agree a price?

    Because: The property appears in 2 listings at the same price.

  3. 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.

  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.

Amenities

  • Elevator
  • With Parking
  • Needs Renovation

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

NNorth

Even light, cooler during summer

Details

Category
Residential
Rooms
4

Approximate location

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

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