median 2,348 €/m² for comparable properties
Rent covers ~ 58% of the payment
~ 751 €/mo rent · you top up ~ 536 €/mo
~27,500 € BELOW MARKET
good value
against the median for 2-room apartments in Banishora (209 properties)
Strong investment rating
The rent covers 153% 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 27,500 € below the typical price (the median) for 2-room apartments in Banishora (209 properties) — 1,914 €/m² against 2,500 €/m².
The apartment is located in Sofia city, Banishora district, in a brick building from 2003. It features two rooms, a kitchenette, and a bathroom, with a total area of 47 sq m. The internal layout is functional, with an entrance hall and separate rooms. The building has an elevator and access control, providing convenience and security. The property is partially renovated with PVC windows and laminate flooring but requires additional improvements. The location is close to the 'Central Railway Station' metro station and numerous bus lines, as well as main urban amenities such as a post office, kindergarten, and church. The apartment includes a 15 sq m garage with a separate entrance, which can also be used as an office or storage. This makes it suitable both for living and as an investment with rental potential. The property offers a balance between city life and functionality, suitable for those seeking conveniences in central Sofia.
With 20% down over 20 years the monthly mortgage payment is about 399 €, against an expected local rent of 612 €. The rent covers the whole payment (153%).
This property is advertised in 3 offers from 2 different sellers. All offers are at the same price. It has been listed for 176 days.
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 23% below the average for comparable properties.
Who am I negotiating with, and who is authorised to agree a price?
Because: The property appears in 3 listings at the same price.
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.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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
median 2,500 €/m² for comparable properties
Rent covers ~ 84% of the payment
~ 612 €/mo rent · you top up ~ 120 €/mo