Sale

Three-room apartment with two terraces in Banishora, Sofia

SofiaBanishora
Published: 5 May 2026 Updated: 8 September 2026
Sale255,000 €2,339 €/m²
Expected rent1,095 € /mo

~125,000 € BELOW MARKET

good value

against the median for 3-room apartments in Banishora (808 properties)

Area
109 m²
Floor
7 / 8
Construction
Brick
Year
1970
Heating
District Heating

Yield analysis

Fair investment rating

5.2% / yr
Monthly payment1,131 €20% down payment · 20 yrs · 3%
Expected rent1,095 €at market conditions for the neighbourhood

The rent covers 97% of the payment — you top up about 36 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 19 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 125,000 € below the typical price (the median) for 3-room apartments in Banishora (808 properties) — 2,318 €/m² against 3,486 €/m².

Three-room apartment in Sofia city, Banishora district, Kavala St. It is located on the 7th floor of 8 in a brick building from 1970 with an elevator.

The property features a functional layout: entrance hall, large living room with dining area, separate kitchen, two independent bedrooms, bathroom with toilet, separate toilet and two large terraces with views. It also includes a basement and a habitable attic with a window.

The building is maintained, with controlled access and secured parking. The apartment is renovated and has internet.

The location is convenient, close to a metro station, educational institutions and commercial outlets, providing easy access to urban infrastructure.

Suitable for people looking for a home with good layout and convenient urban location with transport and service options.

With 20% down over 20 years the monthly mortgage payment is about 1,131 €, against an expected local rent of 1,095 €. The rent covers 97% 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 154 days.

Source: Market statistics for 3-room apartments in Banishora

Pros and cons

AI summary
Pros
  • functional layout
  • two terraces
  • renovated
  • controlled access
Cons
  • top residential floor
  • building from 1970

Questions for the viewing

Only on imotesa

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

  1. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 34% below the average for comparable properties.

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

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

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

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

  4. Is there enough daylight during the day?

    Because: The advertised exposure has no southern side.

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

Layout

  • entrance hall
  • living room
  • bedroom
  • bedroom
  • kitchen
  • bathroom
  • toilet
  • toilet
  • terrace
  • terrace

Amenities

  • Elevator
  • With Parking
  • Internet Connection
  • Active Business
  • Access Control
  • Renovated

Exposure

AI summary
EEast

Morning sun, cooler afternoons

WWest

Afternoon and evening sun

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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