Boulevard-front shop on Madrid Boulevard
Boulevard-facing premises on Madrid Boulevard, offered with an advertiser-stated bank tenancy. The purchase case depends on the lease as much as the frontage: 147.48 m² is published, but the interior plan, net area, income evidence and tenant obligations have not been supplied.
147.48 m² structured advertised area; net area not separated.
Why we selected this property
The specific features behind our editorial selection.
Boulevard-facing windows
Exterior views show a continuous row of street-level commercial openings along the building.
Visible in the reviewed photographsExisting tenancy to examine
A bank tenant is stated by the advertiser, creating a concrete lease-review task rather than an assumed income stream.
Per source · independent confirmation neededGround-floor commercial scale
147.48 m² is large enough to assess customer and staff zones once a measured plan is supplied.
Per source · independent confirmation neededThe property in detail
This ground-floor shop occupies a boulevard address near Cherkovna Street. The source lists 147.48 m², south exposure and an older brick building described as refurbished. Boulevard-facing windows are the key physical attribute; the reviewed gallery shows the exterior rather than the internal banking layout or back-of-house accommodation.
The publisher says the space is leased to a bank. That is useful information for a buyer prepared to examine an occupied commercial asset, but it does not establish rent received, remaining term or a guaranteed return. A lease review should cover break rights, indexation, security, repairs and what happens to the current fitout if the tenant leaves.
The asking price is €700,000, with agency commission due and VAT unspecified in the price block. Confirm legal shop designation, any common-area commitments and the usable-area schedule. A vacant-possession buyer would also need an agreed timetable, since a publicly advertised sale does not itself end the tenancy.
Original EstaSelect editorial analysis · 2026-11-02 · No property inspection
Property facts
Advertiser information, unless otherwise stated. Unknown is kept separate from no.
- Property type
- Shops
- Advertised area
- 147.48 m²; net area not separated
- Floor
- Ground floor of 5, per source
- Occupancy
- Bank tenancy claimed; lease not reviewed
- Aspect
- South, per source
- Price and tax
- €700,000; VAT unspecified; commission due
Existing building per publisher; occupancy documents have not been reviewed.
What we found in the photographs
Observations tied to specific source photographs. Open a finding to inspect its image.
Shopfront in the building
Street-level glazed openings sit below apartments; trees and parked cars appear along the frontage.
The photographs do not establish the exact leased boundaries or internal condition.Boulevard context
A wide junction, tracks and overhead wires are visible near the commercial row.
Measure actual loading access, signage visibility and pedestrian approach at the unit.Photographs do not establish structure, legal status, hidden services or permanent views.
What deserves a closer look
01Only exterior photographs were available in the reviewed gallery.
02The lease and actual rent payments have not been reviewed.
03Net area, VAT and commission amount are not stated.
Understand the location
Sofia · Centre · Madrid Boulevard · Approximate area, not the exact address
Map markers show approximate areas, not verified property addresses.
Price in context
Selected same-use offers in the same city. Asking prices, not completed transactions.
| Property | Advertised area | Plot | Price per m²* | Asking total |
|---|---|---|---|---|
| This propertySofia · Centre · Madrid Boulevard | 147.48 m² | — | €4,746 | €700,000 |
| Ground-floor commercial premises with a gardenSofia · Boyana | 187 m² | — | €2,846 | €532,200 |
| Commercial space with an English courtyard in VitoshaSofia · Vitosha | 188 m² | — | €1,383 | €260,000 |
| Furnished commercial premises on Kumata StreetSofia · Boyana | 90 m² | — | €4,389 | €395,000 |
*Total asking, including stated mandatory extras, divided by advertised area. Net area, common parts, basement, land rights, condition and micro-location may differ. This is a comparison starting point, not a valuation.
What to check before deciding
What are the rent, expiry date, break rights and indexation terms in the signed lease?
Can the seller supply payment records, deposit details and tenant arrears statements?
Which internal areas form the 147.48 m² and where are toilets, storage and staff access?
Who owns and maintains the current fitout, signage and air-conditioning?
What VAT and commission apply, and can vacant possession be delivered if required?
What the analysis is based on
- Source review
- 2026-11-02
- Gallery
- 6 images available
- Visual sample reviewed
- 3 · № 1, 4, 6
- Documents / inspection
- Not reviewed / not carried out
The specific offer remains presented for sale on the public advertiser page. This is a public listing signal, not seller confirmation of availability.
BULGARIAN PROPERTIES · Sfa 87198
Original listing and advertiser contactThe selection, in summary
Five criteria, with their evidence in view. An unassessed criterion stays unscored; missing information is not zero.
Rating not calculated. The available evidence is not yet sufficient for a defensible overall result.
No example or average pointsWhat the property information tells us
VAT treatment needs confirmation. Confirm commission and any additional mandatory charges with the advertiser. No market-price score has been calculated for this property. It requires suitable, independently checked comparisons with consistent area, tax and rights definitions.
Open price contextWhat the property information tells us
Sofia · Centre · Madrid Boulevard Check lawful customer access, visibility, parking, delivery arrangements and restrictions on the intended activity.
Inspect the locationWhat the property information tells us
Advertised area: 147.48 m²; net area not separated. Floor: Ground floor of 5, per source. Confirm usable areas and rights against approved documents. More advertised square metres do not automatically earn more points.
Review the property factsWhat the property information tells us
No reviewed interior finding is available here. Obtain an independent inspection; photos do not establish structure or hidden services.
See photo findings and limitationsWhat the property information tells us
Only exterior photographs were available in the reviewed gallery. The lease and actual rent payments have not been reviewed. These are matters to investigate, not proof of extra building rights, rental yield or future profit.
Review the checks before decidingWhy selected: Exterior views show a continuous row of street-level commercial openings along the building.
Proposed scoring method
The weights describe the proposed structure, not points awarded to this property. Once the method is calibrated, confirmed levels from 0 to 5 would convert to points as weight × level / 5.
A numerical rating requires a consistent method for the property type, suitable independent market comparisons, and an editorial review of the evidence for each criterion. Listing claims, photo observations and unresolved questions must remain distinguishable.
An overall result remains unpublished when the evidence is insufficient. Missing information is not zero; example or average points do not replace it. The current card presents the available evidence without assigning points.
Our selection principles
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