Sale

apartment in Sofia, Ilinden

SofiaIlinden
Published: 3 April 2026 Updated: 15 July 2026
Sale185,000 €2,312 €/m²
Expected rent648 € /mo

~26,500 € BELOW MARKET

good value

against the median for apartments in Ilinden (73 properties)

Area
80 m²
Floor
4 / 4
Construction
Brick
Year
1960

Yield analysis

Fair investment rating

4.2% / yr
Monthly payment821 €20% down payment · 20 yrs · 3%
Expected rent648 €at market conditions for the neighbourhood

The rent covers 79% of the payment — you top up about 173 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 24 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▼ 10.2% · 21,000 €
  1. 206,000 €3 April 2026Initial price
  2. 185,000 €▼ 21,000 € (10.2%) 7 July 2026Price reducedCurrent

Property analysis

This apartment is priced about 26,500 € below the typical price (the median) for apartments in Ilinden (73 properties) — 2,312 €/m² against 2,643 €/m².

With 20% down over 20 years the monthly mortgage payment is about 821 €, against an expected local rent of 648 €. The rent covers 79% of it.

The asking price has fallen by 21,000 € (10.2%) since it was first listed.

Source: Market statistics for apartments in Ilinden

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 13% below the average for comparable properties.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 182 days.

  3. Is there still room to negotiate?

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

  4. Have the risers been replaced, and when was the roof last repaired?

    Because: The building dates from 1960 — about 66 years old.

  5. What condition is the roof in, and does it overheat in summer?

    Because: The property is on the top floor.

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

Details

Category
Residential

Approximate location

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

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