Sale

Three-room apartment in Banishora with parking space and elevator

SofiaBanishora
Published: 20 May 2026 Updated: 8 September 2026
Sale200,000 €2,197 €/m²
Expected rent942 € /mo

~114,000 € BELOW MARKET

good value

against the median for apartments in Banishora (1,640 properties)

Area
91 m²
Floor
5 / 7
Construction
Brick
Year
2009

Yield analysis

Fair investment rating

5.6% / yr
Monthly payment887 €20% down payment · 20 yrs · 3%
Expected rent942 €at market conditions for the neighbourhood

The rent covers 106% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 18 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

2 changes since listing▼ 16.7% · 40,000 €
  1. 240,000 €6 March 2026Initial price
  2. 230,000 €▼ 10,000 € (4.2%) 30 April 2026Price reduced
  3. 200,000 €▼ 30,000 € (13%) 9 July 2026Price reducedCurrent

Property analysis

This apartment is priced about 114,000 € below the typical price (the median) for apartments in Banishora (1,640 properties) — 2,197 €/m² against 3,448 €/m².

Three-room apartment with an area of 91 sq m, located in a brick building from 2009 on Kozloduy St in the Banishora district of Sofia. The layout includes a corridor, storage room, living room with kitchenette, walk-through to a bedroom with bathroom, second bedroom with niche for a wardrobe, second bathroom with toilet, and terrace. The apartment is at plaster and screed stage, allowing for individual finishing. The building has an elevator and access control; heating is electric with expected connection to district heating. The location is well-connected with proximity to tram, trolleybus, bus, and metro stops, as well as schools and kindergartens. The property is suitable for urban living with amenities and the possibility of a parking space in the underground garage.

With 20% down over 20 years the monthly mortgage payment is about 887 €, against an expected local rent of 942 €. The rent covers the whole payment (106%).

The asking price has fallen by 40,000 € (16.7%) since it was first listed.

Source: Market statistics for apartments in Banishora

Pros and cons

AI summary
Pros
  • functional layout
  • elevator
  • parking space
  • good location
Cons
  • needs finishing
  • electric heating

Questions for the viewing

Only on imotesa

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

  1. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 36% below the average for comparable properties.

  2. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 2 times — about 17% below the original asking price.

  3. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 210 days.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Layout

  • corridor
  • storage room
  • living room
  • bedroom
  • bedroom

Amenities

  • With Transition
  • Elevator
  • With Parking
  • Access Control
  • Video Surveillance

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

Details

Category
Residential
Rooms
3
Bathrooms
2

Location

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