Sale

Three-room apartment with southwest aspect in Banishora

SofiaBanishora

Published: 26 August 2026 Updated: 4 September 2026

Sale170,000 €1,931 €/m²

Expected rent599 € /mo

~22,500 € ABOVE MARKET

above market

against the median for 3-room apartments in Banishora (19 properties)

Area

88 m²

Floor

2 / 6

Construction

Panel

Year

1980

Heating

District Heating

Yield analysis

Fair investment rating

4.2% / yr

Monthly payment754 €20% down payment · 20 yrs · 3%

Expected rent599 €at market conditions for the neighbourhood

The rent covers 79% of the payment — you top up about 155 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 24 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▼ 2.9% · 5,000 €

175,000 €6 August 2026Initial price
170,000 €▼ 5,000 € (2.9%) 4 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 22,500 € above the typical price (the median) for 3-room apartments in Banishora (19 properties) — 1,931 €/m² against 1,677 €/m².

Three-room apartment with an area of 88 sq m, located on the 2nd floor of a prefab panel building in Banishora district, Sofia.

The property features three separate rooms and a separate kitchen, providing a functional and convenient layout.

The building is prefab panel from 1980, insulated, and the apartment needs a refresh renovation, allowing for modern design.

The location offers amenities such as shops, schools, kindergartens, and good access to public transport nearby.

Suitable for a family looking for a home with renovation potential and good urban infrastructure.

With 20% down over 20 years the monthly mortgage payment is about 754 €, against an expected local rent of 599 €. The rent covers 79% of it.

The asking price has fallen by 5,000 € (2.9%) since it was first listed.

Source: Market statistics for 3-room apartments in Banishora

Pros and cons

AI summary

Pros

functional layout
southwest aspect
good location
parking around building

Cons

prefab panel construction
needs refresh renovation

Questions for the viewing

Only on imotesa

Derived 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 3%.
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.