Sale−63% below market

4-room apartment with yard in Boyana, Sofia

SofiaBoyana
Published: 2 April 2026 Updated: 2 September 2026
Sale467,775 €3,160 €/m²
Expected rent1,226 € /mo
Area
148 m²
Floor
0 / 5
Construction
Brick
Year
2027
Heating
Gas

Yield analysis

Low investment rating

3.1% / yr
Monthly payment2,075 €20% down payment · 20 yrs · 3%
Expected rent1,226 €at market conditions for the neighbourhood

The rent covers 59% of the payment — you top up about 849 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 32 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▼ 10% · 51,975 €
  1. 519,750 €6 June 2026Initial price
  2. 467,775 €▼ 51,975 € (10%) 2 September 2026Price reducedCurrent

Property analysis

This apartment is priced 63% below the typical price (the median) for comparable properties — 1,005 €/m² against 2,684 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

Apartment with an area of 148 sq m, located on the ground floor in a gated complex in the Boyana district of Sofia. The layout includes a living room with dining area, three bedrooms, two bathrooms with toilets, a walk-in closet, and a laundry room, providing functional use of the space. The building is brick, construction planned for 2027, with an elevator and underground garage with heated access. The complex offers controlled access and parking spaces, situated on a quiet street with panoramic views and easy access to the city centre and Vitosha. The property is suitable for family living with amenities and a private yard, providing a house-like feel in an urban environment.

With 20% down over 20 years the monthly mortgage payment is about 2,075 €, against an expected local rent of 1,226 €. The rent covers 59% of it.

The asking price has fallen by 51,975 € (10%) since it was first listed.

Source: Market statistics for apartments in Boyana

Pros and cons

AI summary
Pros
  • functional layout
  • private yard
  • gated complex
  • underground garage
Cons
  • ground floor

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 63% below the average for comparable properties.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 183 days.

  3. Is there still room to negotiate?

    Because: The price has been cut once, by about 10%.

  4. 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

  • living room with dining area 40 sq m
  • bedroom
  • bedroom
  • bedroom

Amenities

  • Elevator
  • With Parking
  • Access Control
  • Gated Community

Details

Category
Residential
Bathrooms
2

Approximate location

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

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