median 2,500 €/m² for comparable properties
Rent covers ~ 110% of the payment
~ 612 €/mo rent · pays for itself in ~ 17 yrs
~44,500 € BELOW MARKET
good value
against the median for 2-room apartments in Banishora (436 properties)
Strong investment rating
The rent covers 151% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 12 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This apartment is priced about 44,500 € below the typical price (the median) for 2-room apartments in Banishora (436 properties) — 2,444 €/m² against 3,428 €/m².
Apartment with one room in the district of Banishora, Sofia. It is located on the 4th floor of 5 in a brick building from 1970 with a major roof renovation in 2023.
The property includes a living room, separate kitchen with balcony, bathroom with toilet, entrance hall, and storage room. Conversion into a two-room apartment is possible. A basement and attic are included outside the apartment's floor area.
The building has no elevator, heating is district heating, and the window frames are PVC. The apartment has a southern aspect and is non-walk-through.
The location is close to Maria Luiza metro station and Opalchenska St, providing convenient public transport and access to central parts of Sofia.
Suitable for living in an urban environment with the possibility to adapt according to the residents' needs.
With 20% down over 20 years the monthly mortgage payment is about 488 €, against an expected local rent of 735 €. The rent covers the whole payment (151%).
This property is advertised in 3 offers, all from the same agency. All offers are at the same price. It has been listed for 269 days. The asking price has fallen by 15,000 € (12%) since it was first listed.
Source: Market statistics for 2-room apartments in Banishora
Derived from this specific property's data — not a generic checklist. Take them with you.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 29% below the average for comparable properties.
Is there still room to negotiate, and why has it not sold yet?
Because: The price has been cut 4 times — about 12% below the original asking price.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 269 days.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1970 — about 56 years old.
Is there a lift in the building, and what condition is it in?
Because: The property is on floor 4 and the listing does not mention a lift.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Maximum sunlight throughout the day
median 2,500 €/m² for comparable properties
Rent covers ~ 110% of the payment
~ 612 €/mo rent · pays for itself in ~ 17 yrs
median 2,348 €/m² for comparable properties
Rent covers ~ 58% of the payment
~ 751 €/mo rent · you top up ~ 536 €/mo
median 2,500 €/m² for comparable properties
Rent covers ~ 102% of the payment
~ 612 €/mo rent · pays for itself in ~ 18 yrs
median 2,500 €/m² for comparable properties
Rent covers ~ 93% of the payment
~ 612 €/mo rent · you top up ~ 49 €/mo
median 2,500 €/m² for comparable properties
Rent covers ~ 115% of the payment
~ 612 €/mo rent · pays for itself in ~ 16 yrs
median 2,348 €/m² for comparable properties
Rent covers ~ 53% of the payment
~ 751 €/mo rent · you top up ~ 660 €/mo
median 2,500 €/m² for comparable properties
Rent covers ~ 104% of the payment
~ 612 €/mo rent · pays for itself in ~ 18 yrs
median 2,500 €/m² for comparable properties
Rent covers ~ 82% of the payment
~ 612 €/mo rent · you top up ~ 131 €/mo