+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
Sale165,000 €2,200 €/m²
Expected rent751 € /mo
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Banishora (195 properties)
Area
75 m²
Floor
2 / 8
Construction
Panel
Year
1970
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) — 2,200 €/m² against 2,348 €/m².
This is a three-room apartment in Sofia, Banishora district. It is located on the second floor of a prefab panel building from 1970 with an elevator and maintained common areas. The layout includes a corridor, living room with balcony, walk-through bedroom, kitchen with glazed balcony, separate bedroom, bathroom, toilet, and storage room. The apartment has a standard prefab panel structure and requires renovation. It is situated near Maria Luiza metro station, providing convenient urban transport. Suitable for those seeking a home with renovation potential in a central urban area.
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
- elevator
- balcony
- near metro
Cons
- prefab panel construction
- needs renovation
- walk-through rooms
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 1970 — about 56 years old.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living room
- bedroom
- kitchen
- bedroom
Amenities
- Elevator
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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