Sale−18% below market

Maisonette with 4 rooms and terraces in Knyazhevo, Sofia

SofiaKnyajevo
Published: 6 August 2026 Updated: 1 September 2026
Sale429,000 €1,543 €/m²
Expected rent767 € /mo
Area
278 m²
Construction
Brick

Yield analysis

Low investment rating

2.1% / yr
Monthly payment1,903 €20% down payment · 20 yrs · 3%
Expected rent767 €at market conditions for the neighbourhood

The rent covers 40% of the payment — you top up about 1,136 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 47 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▼ 3.6% · 16,000 €
  1. 445,000 €6 August 2026Initial price
  2. 429,000 €▼ 16,000 € (3.6%) 1 September 2026Price reducedCurrent

Property analysis

This apartment is priced 18% below the typical price (the median) for comparable properties — 1,865 €/m² against 2,284 €/m².

Maisonette on two floors in the district of Knyazhevo, Sofia. The total floor area is 278 sq m, divided into two floors of 139 sq m each.

The layout includes a living room with kitchen, four rooms, two bathrooms, a laundry room and a storage room. The two floors are connected by a large internal staircase. The property features terraces with a total area of 15 sq m and panoramic views.

The construction is brick, with local heating typical for the area. The property is in need of full renovation, offering the opportunity for customization according to the future owners' needs.

The property includes an additional attic of 50 sq m and basement rooms with an area of 30 sq m, which can be used as living or storage space.

The location is close to the last stop of tram 5, in a quiet area with access to nature. The property is suitable for those seeking a spacious home with potential for renovation and expansion.

With 20% down over 20 years the monthly mortgage payment is about 1,903 €, against an expected local rent of 767 €. The rent covers 40% of it.

The asking price has fallen by 16,000 € (3.6%) since it was first listed.

Source: Average prices for apartments in Knyajevo

Pros and cons

AI summary
Pros
  • functional layout
  • terraces with views
  • brick construction
  • additional space (attic and basement)
Cons
  • in need of full renovation

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 18% below the average for comparable properties.

  2. Is there still room to negotiate?

    Because: The price has been cut once, by about 4%.

  3. 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

  • living room with kitchen
  • room
  • laundry room
  • bathroom
  • room
  • room
  • room
  • bathroom

Amenities

  • Internet Connection
  • Renovated
  • 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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