+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
Sale208,999 €2,518 €/m²
Expected rent751 € /mo
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Banishora (195 properties)
Area
83 m²
Floor
3 / 8
Construction
Brick
Year
1960
Heating
District Heating
Yield analysis
Fair investment rating
Monthly payment927 €20% down payment · 20 yrs · 3%
Expected rent751 €at market conditions for the neighbourhood
The rent covers 81% of the payment — you top up about 176 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
1 change since listing▼ 7.1% · 15,901 €
- 224,900 €
- 208,999 €▼ 15,901 € (7.1%)
Property analysis
This apartment is priced at the typical price (the median) for 3-room apartments in Banishora (195 properties) — 2,518 €/m² against 2,348 €/m².
The apartment is located in the Banishora district, Sofia city, on the third floor of a brick building from 1960 with an elevator. It has a total area of 83 sq m and includes one bedroom, a living room, a separate kitchen, and a bathroom with toilet. It is possible to convert the kitchen into a second bedroom. The building is solid, with parquet flooring and built-in wardrobes, but the property needs renovation. The location is central, with convenient access to public transport, metro, and train station, as well as numerous shops and services. The property is suitable for people looking for a home with potential for personalization in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 927 €, against an expected local rent of 751 €. The rent covers 81% of it.
The asking price has fallen by 15,901 € (7.1%) since it was first listed.
Source: Market statistics for 3-room apartments in Banishora
Pros and cons
AI summaryPros
- functional layout
- elevator
- central location
- conversion potential
Cons
- needs renovation
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Is there still room to negotiate?
Because: The price has been cut once, by about 7%.
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.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1960 — about 66 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
- living room
- kitchen
Amenities
- Elevator
- Needs Renovation
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
Location
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