median 3,000 €/m² for comparable properties
Rent covers ~ 41% of the payment
~ 964 €/mo rent · you top up ~ 1,365 €/mo
~23,500 € BELOW MARKET
good value
against the median for 2-room apartments in Gorna Banya (189 properties)
Fair investment rating
The rent covers 87% of the payment — you top up about 89 €/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.
This apartment is priced about 23,500 € below the typical price (the median) for 2-room apartments in Gorna Banya (189 properties) — 2,017 €/m² against 2,331 €/m².
The apartment is located in Sofia city, Gorna Banya district. It features two rooms and a total area of 75 sq m. The internal layout is functional, suitable for family use. The property is situated on the third floor of a six-storey building with an elevator. The building is brick and partially renovated, while the property requires renovation. It is offered with a parking space and access to internet, video surveillance, and access control. The location is convenient, with quick access to Bulgaria Blvd and the Ring Road, close to shopping centres, kindergartens, and schools. The area is quiet with a modern residential environment. The property is suitable for families seeking convenience and functionality with potential for renovation.
With 20% down over 20 years the monthly mortgage payment is about 671 €, against an expected local rent of 582 €. The rent covers 87% of it.
The asking price has risen by 1,300 € (0.9%) since it was first listed.
Source: Market statistics for 2-room apartments in Gorna Banya
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 14% below the average for comparable properties.
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 3,000 €/m² for comparable properties
Rent covers ~ 41% of the payment
~ 964 €/mo rent · you top up ~ 1,365 €/mo
median 2,347 €/m² for comparable properties
Rent covers ~ 96% of the payment
~ 977 €/mo rent · you top up ~ 41 €/mo
median 2,347 €/m² for comparable properties
Rent covers ~ 96% of the payment
~ 977 €/mo rent · you top up ~ 43 €/mo
median 3,000 €/m² for comparable properties
Rent covers ~ 54% of the payment
~ 964 €/mo rent · you top up ~ 811 €/mo
median 2,203 €/m² for comparable properties
Rent covers ~ 44% of the payment
~ 775 €/mo rent · you top up ~ 981 €/mo
median 2,300 €/m² for comparable properties
Rent covers ~ 30% of the payment
~ 964 €/mo rent · you top up ~ 2,275 €/mo
median 2,203 €/m² for comparable properties
Rent covers ~ 54% of the payment
~ 775 €/mo rent · you top up ~ 667 €/mo
median 2,189 €/m² for comparable properties
Rent covers ~ 79% of the payment
~ 658 €/mo rent · you top up ~ 173 €/mo