Sale

Three-room apartment in Ovcha kupel 1 with parking space in a gated complex

SofiaOvcha Kupel 1
Published: 30 March 2026 Updated: 30 September 2026
Sale230,625 €1,875 €/m²
Expected rent656 € /mo

~43,500 € BELOW MARKET

good value

against the median for apartments in Ovcha Kupel 1 (298 properties)

Area
123 m²
Floor
2 / 9
Construction
Brick
Year
2028
Heating
District Heating

Yield analysis

Low investment rating

3.4% / yr
Monthly payment1,023 €20% down payment · 20 yrs · 3%
Expected rent656 €at market conditions for the neighbourhood

The rent covers 64% of the payment — you top up about 367 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 29 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▼ 20.1% · 57,875 €
  1. 288,500 €2 May 2026Initial price
  2. 230,625 €▼ 57,875 € (20.1%) 8 July 2026Price reducedCurrent

Property analysis

This apartment is priced about 43,500 € below the typical price (the median) for apartments in Ovcha Kupel 1 (298 properties) — 1,875 €/m² against 2,228 €/m².

Apartment with an area of 123 sq m, located in residential complex Ovcha kupel 1, Sofia, on the second floor of a nine-storey building.

The layout includes three rooms with a functional distribution and maximum natural light thanks to east, south, and west aspects.

The building has a monolithic reinforced concrete structure, using quality materials such as Wienerberger red brick and high-class aluminum joinery with triple glazing. The property features an elevator, parking space, and video surveillance.

The location offers convenient access to metro stations, schools, hospitals, and green areas, providing a balanced urban life with opportunities for recreation and services.

The property is suitable for family living with a focus on security and comfort in a modern gated complex.

With 20% down over 20 years the monthly mortgage payment is about 1,023 €, against an expected local rent of 656 €. The rent covers 64% of it.

The asking price has fallen by 57,875 € (20.1%) since it was first listed.

Source: Market statistics for apartments in Ovcha Kupel 1

Pros and cons

AI summary
Pros
  • functional layout
  • gated complex
  • quality materials
  • parking space
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 16% below the average for comparable properties.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 186 days.

  3. Is there still room to negotiate?

    Because: The price has been cut once, by about 20%.

  4. Has Act 16 been issued, and what guarantees cover the common parts?

    Because: The building dates from 2028.

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

Amenities

  • Elevator
  • With Parking
  • Video Surveillance
  • Access Control
  • Renovated
  • Gated Community

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

EEast

Morning sun, cooler afternoons

WWest

Afternoon and evening sun

Details

Category
Residential

Approximate location

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

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