Spacious 4-room apartment in Nadezhda 1 with three balconies

This apartment is priced about 85,500 € above the typical price (the median) for 4-room apartments in Nadejda 1 (11 properties) — 3,083 €/m² against 2,371 €/m².

The apartment is located in Sofia, Nadezhda 1 district, close to a metro station and amenities such as shops and schools.
The layout includes a wide corridor, spacious living room, kitchen with dining area, three bedrooms, two storage rooms and three balconies, providing good functionality for a large family.
The building dates from 1990, EPK prefab construction, with an elevator and internal insulation; the apartment has internet and access control.
The location is convenient for public transport and daily needs, about 10 minutes from the center of Sofia and close to main transport connections.
The property is suitable for family use or investment with potential for short-term rentals.

With 20% down over 20 years the monthly mortgage payment is about 1,642 €, against an expected local rent of 613 €. The rent covers 37% 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 270 days. The asking price has fallen by 25,000 € (6.3%) since it was first listed.

Source: Market statistics for 4-room apartments in Nadejda 1