+30% above market
median 2,348 €/m² for comparable properties
290,000 € 3,052 €/m²
Rent covers ~ 58% of the payment
~ 751 €/mo rent · you top up ~ 536 €/mo
Sale165,000 €2,538 €/m²
Expected rent612 € /mo
AT MARKET LEVEL
fairly priced
against the median for 2-room apartments in Banishora (209 properties)
Area
65 m²
Floor
3 / 6
Construction
Brick
Year
1930
Heating
District Heating
Yield analysis
Fair investment rating
Monthly payment732 €20% down payment · 20 yrs · 3%
Expected rent612 €at market conditions for the neighbourhood
The rent covers 84% of the payment — you top up about 120 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 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 at the typical price (the median) for 2-room apartments in Banishora (209 properties) — 2,538 €/m² against 2,500 €/m².
2-room apartment in Sofia city, Banishora district, Struga St. It is located on the third of six floors in a brick building from 1930.
The layout includes a living room, walk-through bedroom, kitchen, terrace, bathroom and separate toilet, allowing the possibility to convert into a three-room apartment.
The building is brick construction, the property needs renovation and has internet connection.
The location is convenient with proximity to a park, 'Central Railway Station' metro station, school and kindergarten, providing access to various types of transport.
Suitable both for living and for developing a business or short-term rental.
With 20% down over 20 years the monthly mortgage payment is about 732 €, against an expected local rent of 612 €. The rent covers 84% of it.
Source: Market statistics for 2-room apartments in Banishora
Pros and cons
AI summaryPros
- functional layout
- close to park
- garage / parking space
Cons
- in need of full renovation
- walk-through rooms
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
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.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1930 — about 96 years old.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Amenities
- With Transition
- Internet Connection
- Active Business
- Needs Renovation
- Tax Credit Option
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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