Terraced house with 4 rooms in Boyana with roof terrace

This house is priced about 420,000 € below the typical price (the median) for houses in Boyana (121 properties) — 1,775 €/m² against 3,000 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

House in the Boyana district of Sofia, located at the foot of Vitosha.
The layout includes a basement with garage, a spacious living room with kitchenette and an office on the first floor, as well as three separate bedrooms on the second floor.
The construction is brick, with quality materials such as Reynaers window frames and ventilated facades with natural stone, heating is planned as underfloor with provisions for air conditioners.
The location offers tranquility, controlled access, and proximity to natural landmarks and convenient public transport.
The property is suitable for people seeking a balance between urban amenities and closeness to nature.

With 20% down over 20 years the monthly mortgage payment is about 2,662 €, against an expected local rent of 3,487 €. The rent covers the whole payment (131%).

The asking price has fallen by 50,000 € (8.3%) since it was first listed.

Source: Market statistics for houses in Boyana