Sale

Three-room apartment with two terraces in Banishora, Sofia

SofiyaBanishora

Published: 8 August 2026 Updated: 16 September 2026

Sale249,999 €2,840 €/m²

Expected rent768 € /mo

~42,500 € ABOVE MARKET

overpriced

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

Area

88 m²

Floor

6 / 6

Construction

Panel

Year

1980

Heating

District Heating

Yield analysis

Low investment rating

3.7% / yr

Monthly payment1,109 €20% down payment · 20 yrs · 3%

Expected rent768 €at market conditions for the neighbourhood

The rent covers 69% of the payment — you top up about 341 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 27 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 42,500 € above the typical price (the median) for 3-room apartments in Banishora (206 properties) — 2,840 €/m² against 2,357 €/m².

Three-room apartment in the Banishora district of Sofia, located on the top sixth floor of a prefab panel block. The layout is walk-through, with a corridor, two bedrooms, a living room, and a kitchen with an enclosed terrace. The living room and one bedroom share a terrace.

The property requires renovation, offering the opportunity for modern updating according to the needs of the new owners. The PVC windows improve thermal and sound insulation, and heating is central via district heating.

The building is prefab panel from 1980, with no information about an elevator or other amenities. The property includes a 2 sq m basement and a laundry room next to the entrance door for additional storage.

The district offers good infrastructure and quick access to the center of Sofia, suitable for families or investment.

The property is suitable for those seeking a spacious apartment with potential for customization in an urban environment.

With 20% down over 20 years the monthly mortgage payment is about 1,109 €, against an expected local rent of 768 €. The rent covers 69% of it.

Source: Market statistics for 3-room apartments in Banishora

Pros and cons

AI summary

Pros

functional layout
two terraces
central heating
PVC windows

Cons

top floor
needs renovation
prefab panel construction

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.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
Is there a lift in the building, and what condition is it in?
Because: The property is on floor 6 and the listing does not mention a lift.