−9% below market
median 2,500 €/m² for comparable properties
125,000 € 2,272 €/m²
Rent covers ~ 110% of the payment
~ 612 €/mo rent · pays for itself in ~ 17 yrs
Sale165,000 €2,538 €/m²
Expected rent751 € /mo
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Banishora (195 properties)
Area
65 m²
Floor
5 / 6
Construction
Panel
Year
1980
Heating
District Heating
Yield analysis
Fair investment rating
Monthly payment732 €20% down payment · 20 yrs · 3%
Expected rent751 €at market conditions for the neighbourhood
The rent covers 103% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 18 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 3-room apartments in Banishora (195 properties) — 2,538 €/m² against 2,348 €/m².
Three-room apartment in Sofia, Banishora district. It is located on the 5th floor of 6 in a prefab panel building with an elevator.
The layout has been converted from two-room to three-room, including a corridor, two bedrooms, kitchen, and dining room. The interior space is functional and provides separate rooms for different needs.
The building was constructed in 1980, and the apartment underwent major renovation about 10 years ago, including external and internal insulation and PVC windows. The flooring is varied – marble, parquet, and granite tiles.
The location offers convenient access to metro stations, public transport, kindergartens, and nearby parks. The area is well served by shops and healthcare facilities.
The property is suitable for living or investment with an existing tenant and stable income.
With 20% down over 20 years the monthly mortgage payment is about 732 €, against an expected local rent of 751 €. The rent covers the whole payment (103%).
Source: Market statistics for 3-room apartments in Banishora
Pros and cons
AI summaryPros
- functional layout
- elevator
- close to metro
- major renovation
Cons
- prefab panel construction
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 years old.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- bedroom
- bedroom
- kitchen
- dining room
Amenities
- Elevator
Details
- Category
- Residential
- Rooms
- 3
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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