Sale

Three-room apartment with terrace in Banishora, Sofia

SofiaBanishora
Published: 9 August 2026 Updated: 7 September 2026
Sale269,000 €3,362 €/m²
Expected rent751 € /mo

~81,000 € ABOVE MARKET

overpriced

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

Area
80 m²
Floor
4 / 6
Construction
Brick
Year
2000
Heating
District Heating

Yield analysis

Low investment rating

3.4% / yr
Monthly payment1,193 €20% down payment · 20 yrs · 3%
Expected rent751 €at market conditions for the neighbourhood

The rent covers 63% of the payment — you top up about 442 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 30 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 81,000 € above the typical price (the median) for 3-room apartments in Banishora (195 properties) — 3,362 €/m² against 2,348 €/m².

3-room apartment in the Banishora district, Shumen St, Sofia. The property is located on the 4th floor of 6 in a brick building from 2000 with an elevator and maintained common areas.

The layout includes a living room with dining area and kitchenette, two bedrooms (one walk-through), a glazed terrace, bathroom with toilet, and corridor. The interior space is functional, although the walk-through rooms may limit the privacy of one bedroom.

The building is brick, built in 2000, with Act 16 and basic amenities such as elevator, internet, and access control. The apartment has undergone major renovation and is furnished.

The location is well connected, close to public transport stops, Maria Luiza metro station, schools, kindergartens, and shops. The area offers conveniences for everyday urban living.

The property is suitable for those seeking a home in a central urban environment with good infrastructure and move-in ready condition.

With 20% down over 20 years the monthly mortgage payment is about 1,193 €, against an expected local rent of 751 €. The rent covers 63% of it.

Source: Market statistics for 3-room apartments in Banishora

Pros and cons

AI summary
Pros
  • functional layout
  • elevator
  • renovation
  • good location
Cons
  • walk-through rooms

Layout

  • living room
  • bedroom
  • bedroom

Amenities

  • With Transition
  • Elevator
  • Internet Connection
  • Access Control
  • Renovated

Details

Category
Residential
Rooms
3
Bathrooms
1
Furnishing
Yes

Location

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