Spacious 4-room penthouse with panoramic terrace in Slatina, Sofia

This apartment is priced about 658,000 € below the typical price (the median) for apartments in Slatina (91 properties) — 1,036 €/m² against 2,745 €/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 Slatina, on Geo Milev St, located on the 5th and 6th floors of a 6-storey building from 2016.
The layout includes a large entrance hall with wardrobe, living room with kitchenette and view of Vitosha, master bedroom with walk-in closet and terrace, children's room, laundry room and bathroom with toilet on the first level. The second level offers a guest bedroom, bathroom and furnished tavern with panoramic terrace and pool.
The building is brick, with Act 16 from 2016, equipped with elevator, underground parking and controlled access. The apartment is renovated and furnished, with direct access to the garages.
The location is convenient, close to public transport stops, shops and green areas. There are enough parking spaces around the building.
The property is suitable for those seeking a spacious and functional home with an urban location and the possibility to relax on the terrace with mountain views.

With 20% down over 20 years the monthly mortgage payment is about 1,770 €, against an expected local rent of 664 €. The rent covers 38% of it.

The asking price has fallen by 49,000 € (10.9%) since it was first listed.

Source: Market statistics for apartments in Slatina