Sale

Four-room apartment in Simeonovo with two terraces

SofiaSimeonovo
Published: 8 May 2026 Updated: 7 August 2026
Sale517,600 €3,099 €/m²
Expected rent2,125 € /mo

~89,000 € ABOVE MARKET

overpriced

against the median for 4-room apartments in Simeonovo (28 properties)

Area
167 m²
Floor
2 / 5
Construction
Brick
Year
2027
Heating
Local Heating

Yield analysis

Fair investment rating

4.9% / yr
Monthly payment2,296 €20% down payment · 20 yrs · 3%
Expected rent2,125 €at market conditions for the neighbourhood

The rent covers 93% of the payment — you top up about 171 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 20 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

1 change since listing▼ 6.1% · 33,400 €
  1. 551,000 €8 May 2026Initial price
  2. 517,600 €▼ 33,400 € (6.1%) 7 August 2026Price reducedCurrent

Property analysis

This apartment is priced about 89,000 € above the typical price (the median) for 4-room apartments in Simeonovo (28 properties) — 3,099 €/m² against 2,567 €/m².

4-room apartment in Sofia, Simeonovo district, part of a modern residential complex at the foot of Vitosha.

Layout: entrance hall, spacious living room with kitchenette and dining area, three bedrooms each with separate bathrooms and toilets, laundry room with guest toilet, two terraces.

The building is new-build from 2027, constructed with brick, featuring a high-class ventilated facade and Reynaers aluminum joinery, heating and cooling via geothermal technology and underfloor heating.

The location offers quiet and tranquility, close to nature and convenient access to the urban environment. The complex includes an elevator, video surveillance, access control, and parking.

The property is suitable for family living with a focus on comfort and functionality combined with a natural setting.

With 20% down over 20 years the monthly mortgage payment is about 2,296 €, against an expected local rent of 2,125 €. The rent covers 93% of it.

The asking price has fallen by 33,400 € (6.1%) since it was first listed.

Source: Market statistics for 4-room apartments in Simeonovo

Pros and cons

AI summary
Pros
  • functional layout
  • two terraces
  • new-build
  • high-quality materials
Cons

We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.

Questions for the viewing

Only on imotesa

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

  1. Is there still room to negotiate?

    Because: The price has been cut once, by about 6%.

  2. Has Act 16 been issued, and what guarantees cover the common parts?

    Because: The building dates from 2027.

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

Layout

  • entrance hall
  • living room
  • kitchenette
  • dining area
  • bedroom
  • bedroom
  • bedroom
  • laundry room
  • toilet
  • terrace
  • terrace

Amenities

  • Elevator
  • With Parking
  • Video Surveillance
  • Access Control
  • Security
  • Renovated
  • Gated Community
  • Tax Credit Option

Details

Category
Residential
Rooms
4
Bathrooms
3

Approximate location

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

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