Sale−25% below market

Four-room apartment with renovated appearance in Suhata reka, Sofia

SofiaSuhata Reka
Published: 4 March 2026 Updated: 14 September 2026
Sale199,000 €1,809 €/m²
Expected rent599 € /mo
Area
110 m²
Floor
2 / 4
Construction
Brick
Year
1980

Yield analysis

Low investment rating

3.6% / yr
Monthly payment883 €20% down payment · 20 yrs · 3%
Expected rent599 €at market conditions for the neighbourhood

The rent covers 68% of the payment — you top up about 284 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 28 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▼ 5.2% · 11,000 €
  1. 210,000 €7 May 2026Initial price
  2. 199,000 €▼ 11,000 € (5.2%) 14 June 2026Price reducedCurrent

Property analysis

This apartment is priced 25% below the typical price (the median) for comparable properties — 1,658 €/m² against 2,198 €/m².

Four-room apartment with an area of 110 sq m, located on the second floor of a four-storey brick building in the district of Suhata reka, Sofia.
The property has a functional layout with four rooms, suitable for family use or investment. The interior space is updated, which improves comfort and reduces the need for additional renovations.
The building was constructed in 1980 from bricks, with Act 16 and a stable structure. Basic utilities and maintenance of common areas are available.
The district has good infrastructure and access to public transport, shops, and green areas. The location is convenient for daily needs and provides a quiet urban environment.
The property is suitable for living or renting out, combining practicality and a good location in Sofia.

With 20% down over 20 years the monthly mortgage payment is about 883 €, against an expected local rent of 599 €. The rent covers 68% of it.

The asking price has fallen by 11,000 € (5.2%) since it was first listed.

Source: Market statistics for 4-room apartments in Suhata Reka

Pros and cons

AI summary
Pros
  • renovated
  • functional layout
  • brick construction
  • good location
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. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 25% below the average for comparable properties.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 212 days.

  3. Is there still room to negotiate?

    Because: The price has been cut once, by about 5%.

  4. 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.

Layout

  • two-room
  • two-room
  • four-room

Amenities

  • Renovated

Details

Category
Residential
Rooms
4

Approximate location

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

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