Sale

Three-room apartment with two terraces in Banishora, Sofia

SofiaBanishora
Published: 6 April 2026 Updated: 6 October 2026
Sale199,000 €2,551 €/m²
Expected rent1,098 € /mo

~70,500 € BELOW MARKET

good value

against the median for 3-room apartments in Banishora (787 properties)

Area
78 m²
Floor
2 / 4
Construction
Brick
Year
1960

Yield analysis

Good investment rating

6.6% / yr
Monthly payment883 €20% down payment · 20 yrs · 3%
Expected rent1,098 €at market conditions for the neighbourhood

The rent covers 124% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 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 70,500 € below the typical price (the median) for 3-room apartments in Banishora (787 properties) — 2,551 €/m² against 3,454 €/m².

3-room apartment in Sofia, Banishora district. It is located on the second floor of a four-storey brick building, built in 1960.

The property includes a corridor, kitchen, vestibule, living room/bedroom, bedroom, bathroom with toilet and two terraces with east and west aspect. The layout allows for remodeling options according to the needs of future occupants.

The building is brick with good common areas and a yard that offers parking possibilities. There are ideal parts of the yard space, which contributes to the convenience of the residents.

The location is close to the Sofia Regional Health Inspectorate (SRZI) and offers an urban environment with access to necessary infrastructure.

The property is suitable for families seeking a functional layout and adaptation opportunities in central Sofia.

With 20% down over 20 years the monthly mortgage payment is about 883 €, against an expected local rent of 1,098 €. The rent covers the whole payment (124%).

Source: Average prices for 3-room apartments in Banishora

Pros and cons

AI summary
Pros
  • two terraces
  • functional layout
  • good common areas
  • parking possibility
Cons

We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.

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 26% below the average for comparable properties.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 183 days.

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

    Because: The building dates from 1960 — about 66 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

  • corridor
  • kitchen
  • vestibule
  • living room
  • bedroom
  • bathroom

Exposure

AI summary
EEast

Morning sun, cooler afternoons

WWest

Afternoon and evening sun

Details

Category
Residential
Rooms
3
Bathrooms
1

Approximate location

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

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