Sale

Three-room apartment in Banishora with three terraces

SofiyaBanishora

Published: 10 September 2026 Updated: 10 September 2026

Sale198,000 €2,250 €/m²

Expected rent768 € /mo

AT MARKET LEVEL

fairly priced

against the median for 3-room apartments in Banishora (206 properties)

Area

88 m²

Floor

5 / 6

Construction

Panel

Year

1980

Yield analysis

Fair investment rating

4.7% / yr

Monthly payment878 €20% down payment · 20 yrs · 3%

Expected rent768 €at market conditions for the neighbourhood

The rent covers 87% of the payment — you top up about 110 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 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 at the typical price (the median) for 3-room apartments in Banishora (206 properties) — 2,250 €/m² against 2,357 €/m².

Three-room apartment in Sofia city, Banishora district, located on the 5th floor of 6 in a prefab panel block from 1980.

The layout includes a corridor, living room with access to a terrace, two bedrooms (one with access to a terrace), kitchen with access to a terrace, bathroom with toilet, separate toilet, and laundry room.

The building is prefab panel construction, the entrance is maintained and has controlled access; the property needs modern renovation and furnishing.

The area offers amenities and access to urban infrastructure, suitable for family living.

The property is suitable for buyers looking for a spacious apartment with potential for updating and functional layout in an urban environment.

With 20% down over 20 years the monthly mortgage payment is about 878 €, against an expected local rent of 768 €. The rent covers 87% of it.

Source: Market statistics for 3-room apartments in Banishora

Pros and cons

AI summary

Pros

functional layout
three terraces
mid floor
controlled access

Cons

needs renovation

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 years old.
Is there a lift in the building, and what condition is it in?
Because: The property is on floor 5 and the listing does not mention a lift.