Sale

Three-room apartment in Banishora with terrace and full renovation

SofiaBanishora
Published: 2 June 2026 Updated: 7 September 2026
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
1 / 8
Construction
Panel
Year
1980
Heating
District Heating

Yield analysis

Low investment rating

2.6% / yr
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.

The offered property is a 3-room apartment in the Banishora district, Sofia. It includes a kitchen with dining area, living room, master bedroom, children's room, bathroom with toilet, separate toilet, laundry room, and terrace. The apartment is on a high ground floor in a prefab panel building with elevator and access control. The building is insulated, and the apartment has undergone a full renovation including replacement of electrical installation, plumbing, and windows. The location is urban with convenient access to city infrastructure. The property is suitable for family use with an emphasis on functionality and comfort after the renovation.

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 summary
Pros
  • full renovation
  • terrace
  • elevator
  • access control
Cons
  • prefab panel construction
  • ground floor

Questions for the viewing

Only on imotesa

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

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

    Because: Prefabricated panel construction.

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

    Because: The building dates from 1980 — about 46 years old.

  3. Is there damp, is there enough daylight, and what is the noise like?

    Because: The property is on the first floor.

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

Layout

  • kitchen
  • living room
  • bedroom
  • bedroom
  • bathroom
  • toilet
  • laundry room
  • terrace

Amenities

  • Elevator
  • Access Control
  • Renovated

Details

Category
Residential
Rooms
3
Bathrooms
2
Furnishing
Yes

Approximate location

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

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