Sale

3-room apartment with garage in Banishora, Sofia

SofiaBanishora
Published: 7 February 2026 Updated: 8 September 2026
Sale179,900 €2,248 €/m²
Expected rent751 € /mo

AT MARKET LEVEL

fairly priced

against the median for 3-room apartments in Banishora (195 properties)

Area
80 m²
Floor
1 / 3
Construction
Wooden Frame

Yield analysis

Fair investment rating

5% / yr
Monthly payment798 €20% down payment · 20 yrs · 3%
Expected rent751 €at market conditions for the neighbourhood

The rent covers 94% of the payment — you top up about 47 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 20 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

5 changes since listing▼ 10% · 20,000 €
  1. 199,900 €1 May 2026Initial price
  2. 199,900 €▲ 0 € (0%) 2 June 2026Price increased
  3. 191,900 €▼ 8,000 € (4%) 8 June 2026Price reduced
  4. 191,900 €▲ 0 € (0%) 17 June 2026Price increased
  5. 179,900 €▼ 12,000 € (6.3%) 6 September 2026Price reduced
  6. 179,900 €▲ 0 € (0%) 8 September 2026Price increasedCurrent

Property analysis

This apartment is priced at the typical price (the median) for 3-room apartments in Banishora (195 properties) — 2,248 €/m² against 2,348 €/m².

3-room apartment in Sofia, Banishora district, located on the first floor of a timber-joist building.
The property has an area of 80 sq m and includes two bedrooms, kitchen, entrance hall, corridor, bathroom with toilet, and a terrace.
The building is a wooden structure, and the property needs renovation; it includes a garage of 20 sq m in the inner yard.
The location is well connected, close to Central Railway Station and Lavov Most metro stations, as well as Bulgaria Blvd and green areas.
Suitable both for living and investment, offering convenient access to urban infrastructure.

With 20% down over 20 years the monthly mortgage payment is about 798 €, against an expected local rent of 751 €. The rent covers 94% 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 237 days. The asking price has fallen by 20,000 € (10%) since it was first listed.

Source: Market statistics for 3-room apartments in Banishora

Pros and cons

AI summary
Pros
  • garage
  • functional layout
  • central location
Cons
  • needs renovation
  • timber-joist structure
  • 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. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 2 times — about 10% below the original asking price.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 237 days.

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

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

  4. What is the scope of the work, and are there hidden problems with the wiring or plumbing?

    Because: The listing states that the property needs renovation.

  5. 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

  • bedroom
  • bedroom
  • kitchen
  • entrance hall
  • corridor
  • bathroom with toilet
  • terrace

Amenities

  • With Parking
  • Needs Renovation

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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