Sale

Spacious 3-room apartment in Banishora with two terraces

SofiaBanishora
Published: 6 September 2026 Updated: 9 September 2026
Sale279,000 €2,936 €/m²
Expected rent751 € /mo

~56,000 € ABOVE MARKET

overpriced

against the median for 3-room apartments in Banishora (195 properties)

Area
95 m²
Floor
3 / 8
Construction
Panel
Year
1980
Heating
District Heating

Yield analysis

Low investment rating

3.2% / yr
Monthly payment1,238 €20% down payment · 20 yrs · 3%
Expected rent751 €at market conditions for the neighbourhood

The rent covers 61% of the payment — you top up about 487 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 31 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▼ 2.4% · 7,000 €
  1. 286,000 €6 September 2026Initial price
  2. 279,000 €▼ 7,000 € (2.4%) 9 September 2026Price reduced
  3. 279,000 €▲ 0 € (0%) 20 September 2026Price increasedCurrent

Property analysis

This apartment is priced about 56,000 € above the typical price (the median) for 3-room apartments in Banishora (195 properties) — 2,936 €/m² against 2,348 €/m².

Apartment with three rooms in the Banishora district of Sofia, on Koritnik St. It is located on the third floor of eight in a prefab panel block with an elevator.

The layout includes a large living room, two separate bedrooms, a separate kitchen, a bathroom with toilet, a second toilet, and a laundry room. There are two balconies, one with a southeast aspect facing the living room and bedroom, and the second integrated into the kitchen with a northwest aspect.

The building is prefab panel from 1980, the apartment has undergone full renovation and insulation, with a new bathroom, toilet, and furnishings. The flooring is granite tiles and laminate; the entrance is maintained with controlled access.

The location offers amenities such as shops, schools, kindergartens, and transport connections nearby, including the metro.

The property is suitable for living or investment, providing comfort and functionality without the need for additional renovations.

With 20% down over 20 years the monthly mortgage payment is about 1,238 €, against an expected local rent of 751 €. The rent covers 61% of it.

The asking price has fallen by 7,000 € (2.4%) since it was first listed.

Source: Market statistics for 3-room apartments in Banishora

Pros and cons

AI summary
Pros
  • functional layout
  • elevator
  • two terraces
  • renovated
Cons

We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.

Questions for the viewing

Only on imotesa

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

  1. Is there still room to negotiate?

    Because: The price has been cut once, by about 2%.

  2. Has the block been insulated under the renovation programme, and is there paperwork for it?

    Because: Prefabricated panel construction.

  3. Have the risers been replaced, and when was the roof last repaired?

    Because: The building dates from 1980 — about 46 years old.

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

Layout

  • living room
  • bedroom
  • bedroom
  • kitchen
  • bathroom
  • toilet
  • toilet
  • laundry room

Amenities

  • Elevator
  • Internet Connection
  • Access Control
  • Renovated

Details

Category
Residential
Rooms
3
Bathrooms
2
Furnishing
Yes

Location

Similar properties nearby