Three-room apartment with large basement storage in Banishora, Sofia

This apartment is priced at the typical price (the median) for apartments in Sofia (113 properties) — 2,441 €/m² against 2,621 €/m².

The offered property is a three-room apartment located on the first floor of a three-storey brick building from 1940 in the Banishora district of Sofia, on Sofroniy Vrachanski St.

The layout includes two rooms, a kitchen, vestibule, hallway, and bathroom, with a total net floor area of about 86 sq m. The apartment also has a basement storage room of 25 sq m, as well as an ideal share of the common areas and the yard with an area of 284 sq m.

The building is brick, which suggests better insulation and stability, but it was built in 1940, which may require maintenance or renovation. The first floor is convenient for access but is at ground floor level, which is important to consider.

The location is close to Hristo Botev Blvd and Struga St, providing good urban infrastructure and access to transport and services. The surroundings are typically urban with options for daily needs.

The property is suitable for people looking for a spacious apartment with additional storage space and the possibility to use a yard in a central urban area.

With 20% down over 20 years the monthly mortgage payment is about 932 €, against an expected local rent of 925 €. The rent covers 99% of it.

This property is advertised in 2 offers from 2 different sellers. The gap between the cheapest and the dearest is 26,000 €. It has been listed for 240 days. The asking price has fallen by 46,000 € (18%) since it was first listed.

Source: Market statistics for apartments in Sofia