Sale

Spacious 4-room apartment in Ovcha kupel 2 with panoramic view

SofiaOvcha Kupel 2
Published: 2 May 2026 Updated: 9 September 2026
Sale159,999 €1,066 €/m²
Expected rent1,045 € /mo

~153,500 € BELOW MARKET

far below market

against the median for 4-room apartments in Ovcha Kupel 2 (30 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
150 m²
Floor
15 / 15
Construction
EPC
Year
1980
Heating
District Heating

Yield analysis

Good investment rating

7.8% / yr
Monthly payment710 €20% down payment · 20 yrs · 3%
Expected rent1,045 €at market conditions for the neighbourhood

The rent covers 147% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 13 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▼ 20% · 40,001 €
  1. 200,000 €2 May 2026Initial price
  2. 200,000 €▲ 0 € (0%) 10 June 2026Price increased
  3. 170,000 €▼ 30,000 € (15%) 16 June 2026Price reduced
  4. 170,000 €▲ 0 € (0%) 16 June 2026Price increased
  5. 159,999 €▼ 10,001 € (5.9%) 9 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 153,500 € below the typical price (the median) for 4-room apartments in Ovcha Kupel 2 (30 properties) — 1,066 €/m² against 2,091 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

4-room apartment in Sofia, district Ovcha kupel 2, located on the 15th floor of 15. The property has an area of 150 sq m and offers a panoramic view of the city and the mountain.

The layout is walk-through, with spacious and bright rooms, suitable for residential use or office. The presence of an elevator and a parking space adds to the convenience.

The building dates from 1980, constructed as EPK prefab, with the apartment partially renovated but requiring additional investment for updating. Internet and access control are provided.

The location is well connected, with easy access to public transport, shops, and schools, making the property suitable for families or business.

The property combines functionality, space, and a good location, making it a practical choice for various needs.

With 20% down over 20 years the monthly mortgage payment is about 710 €, against an expected local rent of 1,045 €. The rent covers the whole payment (147%).

This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 153 days. The asking price has fallen by 40,001 € (20%) since it was first listed.

Source: Market statistics for 4-room apartments in Ovcha Kupel 2

Pros and cons

AI summary
Pros
  • functional layout
  • panoramic view
  • elevator
  • parking space
Cons
  • top floor
  • needs additional renovation
  • 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 49% 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 20% below the original asking price.

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

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

  4. 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.

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

    Because: The building dates from 1980 — about 46 years old.

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

Amenities

  • With Transition
  • Elevator
  • With Parking
  • Internet Connection
  • Active Business
  • Access Control
  • Renovated
  • Needs Renovation
  • Barter
  • Video Surveillance

Details

Category
Residential
Rooms
4
Furnishing
Yes

Approximate location

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

Similar properties nearby