Sale

Four-room apartment in Suhata reka with two terraces

SofiaSuhata Reka
Published: 2 May 2026 Updated: 30 September 2026
Sale175,000 €1,620 €/m²
Expected rent685 € /mo

~95,000 € BELOW MARKET

good value

against the median for 3-room apartments in Suhata Reka (100 properties)

Area
108 m²
Floor
6 / 8
Construction
Panel
Year
1980
Heating
District Heating

Yield analysis

Fair investment rating

4.7% / yr
Monthly payment776 €20% down payment · 20 yrs · 3%
Expected rent685 €at market conditions for the neighbourhood

The rent covers 88% of the payment — you top up about 91 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

6 changes since listing▼ 11.6% · 23,000 €
  1. 198,000 €2 May 2026Initial price
  2. 265,000 €▲ 67,000 € (33.8%) 11 May 2026Price increased
  3. 270,000 €▲ 5,000 € (1.9%) 13 May 2026Price increased
  4. 198,000 €▼ 72,000 € (26.7%) 5 June 2026Price reduced
  5. 198,000 €▲ 0 € (0%) 8 June 2026Price increased
  6. 185,000 €▼ 13,000 € (6.6%) 12 August 2026Price reduced
  7. 175,000 €▼ 10,000 € (5.4%) 8 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 95,000 € below the typical price (the median) for 3-room apartments in Suhata Reka (100 properties) — 1,650 €/m² against 2,502 €/m².

4-room apartment in the district of Suhata reka, Sofia, located on the 6th floor of 8 in a prefab panel block.

The layout includes a living room, kitchen, two separate rooms, bathroom, separate toilet and two terraces, one of which is glazed and integrated into the kitchen, increasing the functional area.

The building is prefab panel from 1980, with external insulation and aluminum window frames, equipped with an elevator and district heating. The apartment needs renovation.

The location is convenient, close to Gerena Park, shops and a public transport stop, providing easy access to city infrastructure.

The property is suitable for a family looking for a spacious apartment with potential for renovation in a well-served area.

With 20% down over 20 years the monthly mortgage payment is about 776 €, against an expected local rent of 685 €. The rent covers 88% of it.

This property is advertised in 2 offers from 2 different sellers. The gap between the cheapest and the dearest is 23,000 €. It has been listed for 252 days. The asking price has fallen by 23,000 € (11.6%) since it was first listed.

Source: Market statistics for 3-room apartments in Suhata Reka

Pros and cons

AI summary
Pros
  • two terraces
  • external insulation
  • elevator
  • close to park
Cons
  • needs renovation

Questions for the viewing

Only on imotesa

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

  1. Which price is the real one, and who am I negotiating with?

    Because: The property appears in 2 listings, and the prices differ by about 12%.

  2. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 34% below the average for comparable properties.

  3. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 3 times — about 12% below the original asking 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. Has the block been insulated under the renovation programme, and is there paperwork for it?

    Because: Prefabricated panel construction.

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

Layout

  • living room
  • kitchen
  • room
  • room

Amenities

  • Elevator
  • Needs Renovation
  • With Parking
  • Internet Connection
  • Access Control

Details

Category
Residential
Rooms
4
Bathrooms
2
Furnishing
Yes

Location

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