Sale

2-room apartment with garage in Banishora, Sofia

SofiaBanishora
Published: 6 June 2026 Updated: 28 September 2026
Sale90,000 €1,914 €/m²
Expected rent612 € /mo

~27,500 € BELOW MARKET

good value

against the median for 2-room apartments in Banishora (209 properties)

Area
47 m²
Floor
2 / 5
Construction
Brick
Year
2003

Yield analysis

Strong investment rating

8.2% / yr
Monthly payment399 €20% down payment · 20 yrs · 3%
Expected rent612 €at market conditions for the neighbourhood

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.

Property analysis

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

Pros and cons

AI summary
Pros
  • functional layout
  • garage with separate entrance
  • elevator
  • close to metro
Cons
  • needs renovation

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. 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.

  2. Who am I negotiating with, and who is authorised to agree a price?

    Because: The property appears in 3 listings at the same price.

  3. 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.

Layout

  • entrance hall
  • room
  • room

Amenities

  • Elevator
  • Internet Connection
  • Access Control
  • Renovated
  • Needs Renovation

Details

Category
Residential
Rooms
2
Bathrooms
1

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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