SaleAt market level

Three-room apartment with two balconies in Ivan Vazov, Sofia

SofiaIvan Vazov
Published: 9 March 2026 Updated: 5 October 2026
Sale390,000 €3,250 €/m²
Expected rent1,043 € /mo
Area
120 m²
Floor
2 / 4
Construction
Brick
Year
1980
Heating
District Heating

Yield analysis

Low investment rating

3.2% / yr
Monthly payment1,730 €20% down payment · 20 yrs · 3%
Expected rent1,043 €at market conditions for the neighbourhood

The rent covers 60% of the payment — you top up about 687 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 31 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▼ 9.3% · 40,000 €
  1. 430,000 €15 May 2026Initial price
  2. 380,000 €▼ 50,000 € (11.6%) 9 August 2026Price reduced
  3. 390,000 €▲ 10,000 € (2.6%) 8 September 2026Price increasedCurrent

Property analysis

This apartment is priced at the typical price (the median) for comparable properties — 4,020 €/m² against 4,333 €/m².

The apartment is located in the Ivan Vazov district of Sofia, on Dimitur Manov St. It has three rooms, converted into a four-room, with two large glazed balconies and a spacious living room with French windows. The property is in a brick building from 1980, on the second floor of four, with a solid structure and quality window frames. The location is close to Yuzhen Park, with convenient access to public transport, supermarkets, and schools. The property is suitable for family living, offering the possibility of renovation according to the buyer's needs.

With 20% down over 20 years the monthly mortgage payment is about 1,730 €, against an expected local rent of 1,043 €. The rent covers 60% of it.

The asking price has fallen by 40,000 € (9.3%) since it was first listed.

Source: Average prices for apartments in Ivan Vazov

Pros and cons

AI summary
Pros
  • functional layout
  • two terraces
  • quality materials
  • close to park
Cons
  • second floor
  • 1980 construction

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 211 days.

  2. 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

  • living room
  • kitchenette
  • bedroom
  • bedroom
  • bedroom

Details

Category
Residential
Rooms
4
Bathrooms
2

Location

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