Four-storey house with 500 sq m in Suhata reka, Sofia

This house is priced about 668,500 € below the typical price (the median) for houses in Sofia (895 properties) — 1,180 €/m² against 2,517 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

The house is located in the district of Suhata reka in the city of Sofia and has a total area of 500 sq m.

The layout includes two two-room apartments on the first floor, a spacious four-room apartment on the second, and two three-room apartments on the third and fourth floors. All units are finished to a turnkey standard.

The construction is brick from 1980, with the property renovated with external insulation, new flooring, and painted walls. Heating is electric, with air conditioning and internet wiring available.

The location offers amenities such as a school, kindergarten, pharmacy, ATMs, and nearby bus stops.

The property is suitable for family use with the possibility to separate into individual residential units or as an investment for rental.

With 20% down over 20 years the monthly mortgage payment is about 2,618 €, against an expected local rent of 3,150 €. The rent covers the whole payment (120%).

Source: Market statistics for houses in Sofia