Sale−9% below market

Three-room apartment with balcony in Ilinden, Sofia

SofiaIlinden
Published: 19 March 2026 Updated: 4 September 2026
Sale230,000 €2,555 €/m²
Expected rent648 € /mo
Area
90 m²
Floor
8 / 14
Construction
EPC
Year
1990

Yield analysis

Low investment rating

3.6% / yr
Monthly payment1,020 €20% down payment · 20 yrs · 3%
Expected rent648 €at market conditions for the neighbourhood

The rent covers 64% of the payment — you top up about 372 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 30 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

2 changes since listing▼ 3% · 7,000 €
  1. 237,000 €7 April 2026Initial price
  2. 217,000 €▼ 20,000 € (8.4%) 20 August 2026Price reduced
  3. 230,000 €▲ 13,000 € (6%) 4 September 2026Price increasedCurrent

Property analysis

This apartment is priced 9% below the typical price (the median) for comparable properties — 2,411 €/m² against 2,643 €/m².

Apartment with an area of 90 sq m, located in the Ilinden district of Sofia, on the 8th floor of 14 in an EPK prefab building from 1990.

The layout includes an entrance hall, kitchen with enclosed balcony, living room, two separate bedrooms, bathroom with toilet, second toilet and laundry room. The apartment is non-walk-through.

The building has maintained common areas, an elevator and district heating (TEC). The property needs renovation and is sold unfurnished.

The location is convenient, close to a metro station, park, school, kindergarten and medical center, with free parking available in a landscaped courtyard.

Suitable for a family seeking a home with a functional layout and amenities in an urban environment, requiring investment for updating.

With 20% down over 20 years the monthly mortgage payment is about 1,020 €, against an expected local rent of 648 €. The rent covers 64% of it.

The asking price has fallen by 7,000 € (3%) since it was first listed.

Source: Market statistics for apartments in Ilinden

Pros and cons

AI summary
Pros
  • functional layout
  • close to metro
  • elevator
  • district heating
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. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 197 days.

  2. 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.

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

Layout

  • entrance hall
  • kitchen
  • living room
  • bedroom
  • bedroom
  • bathroom
  • toilet
  • toilet
  • laundry room

Amenities

  • Elevator
  • Needs Renovation

Details

Category
Residential
Rooms
3
Bathrooms
2

Location

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