+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
Sale350,000 €3,500 €/m²
Expected rent751 € /mo
~115,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Banishora (195 properties)
Area
100 m²
Floor
2 / 6
Construction
Brick
Year
2021
Yield analysis
Low investment rating
Monthly payment1,553 €20% down payment · 20 yrs · 3%
Expected rent751 €at market conditions for the neighbourhood
The rent covers 48% of the payment — you top up about 802 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 39 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 115,000 € above the typical price (the median) for 3-room apartments in Banishora (195 properties) — 3,500 €/m² against 2,348 €/m².
A three-room apartment with an area of 100 sq m is offered in the Banishora district, Sofia. The property is located on the 2nd floor of a building from 2021 with an elevator. The layout includes a spacious living room with kitchen and dining area featuring large French windows that provide natural light. The construction is brick, with modern materials and designer furnishings, ready to move in without additional investments. The location is a quiet street with good infrastructure, close to a tram stop, shops, schools, and kindergartens. The property is suitable for urban living with convenient access to the city centre and all necessary services.
With 20% down over 20 years the monthly mortgage payment is about 1,553 €, against an expected local rent of 751 €. The rent covers 48% of it.
Source: Market statistics for 3-room apartments in Banishora
Pros and cons
AI summaryPros
- functional layout
- new-build
- elevator
- close to transport
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room
- kitchen
- dining area
- bedroom
- bedroom
Amenities
- Elevator
Details
- Category
- Residential
- Rooms
- 3
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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