Sale

Two-room apartment with two terraces in Banishora, Sofia

SofiaBanishora
Published: 4 April 2026 Updated: 8 September 2026
Sale175,000 €2,868 €/m²
Expected rent612 € /mo

~22,500 € ABOVE MARKET

above market

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

Area
61 m²
Floor
7 / 8
Construction
Panel
Year
1970
Heating
District Heating

Yield analysis

Fair investment rating

4.2% / yr
Monthly payment776 €20% down payment · 20 yrs · 3%
Expected rent612 €at market conditions for the neighbourhood

The rent covers 79% of the payment — you top up about 164 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 24 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

8 changes since listing▼ 2.2% · 4,000 €
  1. 179,000 €2 May 2026Initial price
  2. 179,000 €▲ 0 € (0%) 2 May 2026Price increased
  3. 179,000 €▲ 0 € (0%) 2 May 2026Price increased
  4. 185,000 €▲ 6,000 € (3.4%) 5 May 2026Price increased
  5. 185,000 €▲ 0 € (0%) 5 May 2026Price increased
  6. 176,000 €▼ 9,000 € (4.9%) 20 July 2026Price reduced
  7. 176,000 €▲ 0 € (0%) 20 July 2026Price increased
  8. 175,000 €▼ 1,000 € (0.6%) 8 September 2026Price reduced
  9. 175,000 €▲ 0 € (0%) 8 September 2026Price increasedCurrent

Property analysis

This apartment is priced about 22,500 € above the typical price (the median) for 2-room apartments in Banishora (209 properties) — 2,868 €/m² against 2,500 €/m².

The apartment is located in Sofia, in the Banishora area. It features two rooms, a kitchen, corridor, bathroom with toilet, and two terraces, providing a functional layout and the possibility to convert into a three-room apartment. The property is in a prefab panel block from 1970, on the 7th floor of 8, with an elevator and controlled access. The location is convenient, close to schools, hospitals, green areas, and transport connections including the metro. The property is suitable for living or investment, combining amenities and a good location.

With 20% down over 20 years the monthly mortgage payment is about 776 €, against an expected local rent of 612 €. The rent covers 79% of it.

This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 181 days. The asking price has fallen by 4,000 € (2.2%) since it was first listed.

Source: Market statistics for 2-room apartments in Banishora

Pros and cons

AI summary
Pros
  • functional layout
  • south aspect
  • two terraces
  • controlled access
Cons
  • prefab panel construction
  • high floor

Questions for the viewing

Only on imotesa

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

  1. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 2 times — about 2% below the original asking price.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 181 days.

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

    Because: The property appears in 2 listings at the same price.

  4. Has the block been insulated under the renovation programme, and is there paperwork for it?

    Because: Prefabricated panel construction.

  5. Have the risers been replaced, and when was the roof last repaired?

    Because: The building dates from 1970 — about 56 years old.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Layout

  • room
  • living room
  • kitchen
  • corridor
  • bathroom

Amenities

  • Elevator
  • Internet Connection
  • Access Control

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

Details

Category
Residential
Rooms
2
Bathrooms
1
Furnishing
Yes

Location

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