Sale−11% below market

Spacious 4-room maisonette in Knyazhevo with yard and view of Vitosha

SofiaKnyajevo
Published: 6 August 2026 Updated: 1 September 2026
Sale360,000 €1,363 €/m²
Expected rent799 € /mo
Area
264 m²
Floor
1 / 2
Construction
Brick
Year
1990
Heating
Gas

Yield analysis

Low investment rating

3% / yr
Monthly payment1,597 €20% down payment · 20 yrs · 3%
Expected rent799 €at market conditions for the neighbourhood

The rent covers 50% of the payment — you top up about 798 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 38 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▼ 11.4% · 41,000 €
  1. 360,000 €1 August 2026Initial price
  2. 360,000 €▲ 0 € (0%) 6 August 2026Price increased
  3. 319,000 €▼ 41,000 € (11.4%) 1 September 2026Price reducedCurrent

Property analysis

This apartment is priced 11% below the typical price (the median) for comparable properties — 2,126 €/m² against 2,391 €/m².

Maisonette with an area of 264 sq m, located in the quiet part of Knyazhevo, Sofia. The property also includes a yard of 70 sq m.

The layout is on two levels: the first contains a living room, dining room, kitchen, bedroom, bathroom with toilet, laundry room, and terrace; the second level has three bedrooms, a bathroom with WC, and a large terrace. There is also an attic with internal access and a basement.

The building is brick from 1990, with external insulation and renovation. Heating is by air conditioners, but there is an option for gas heating. The apartment needs renovation.

The location is convenient, close to a tram stop and supermarket, with southeast aspect and a view of Vitosha.

The property is suitable for a family looking for a spacious home near nature with the possibility to renovate according to personal preferences.

With 20% down over 20 years the monthly mortgage payment is about 1,597 €, against an expected local rent of 799 €. The rent covers 50% of it.

The asking price has fallen by 41,000 € (11.4%) since it was first listed.

Source: Market statistics for apartments in Knyajevo

Pros and cons

AI summary
Pros
  • spacious
  • southeast aspect
  • two terraces
  • yard 70 sq m
Cons
  • needs renovation
  • 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. Is there still room to negotiate?

    Because: The price has been cut once, by about 11%.

  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.

  3. Is there damp, is there enough daylight, and what is the noise like?

    Because: The property is on the first floor.

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

Layout

  • living room
  • dining room
  • kitchen
  • bedroom
  • bedroom
  • bedroom

Amenities

  • Needs Renovation

Details

Category
Residential
Rooms
5
Bathrooms
2

Approximate location

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

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