At market level
median 2,347 €/m² for comparable properties
188,460 € 2,243 €/m²
Rent covers ~ 117% of the payment
~ 979 €/mo rent · pays for itself in ~ 16 yrs
Sale396,641 €3,251 €/m²
Expected rent979 € /mo
~110,500 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Gorna Banya (61 properties)
Area
122 m²
Floor
3 / 5
Construction
Brick
Year
2025
Heating
Gas
Yield analysis
Low investment rating
Monthly payment1,760 €20% down payment · 20 yrs · 3%
Expected rent979 €at market conditions for the neighbourhood
The rent covers 56% of the payment — you top up about 781 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 34 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 110,500 € above the typical price (the median) for 3-room apartments in Gorna Banya (61 properties) — 3,251 €/m² against 2,347 €/m².
The property is a three-room apartment in the Gloria Palace Residence complex, located in the Gorna Banya district of Sofia. The layout includes a spacious living room with dining area and kitchenette, two bedrooms, two bathrooms, and two balconies. The apartment is new-build from 2025, with brick construction and electric heating. The complex offers additional amenities such as a spa, mineral pool, tennis courts, and security. It is suitable for those seeking tranquility and proximity to nature with the conveniences of a gated complex.
With 20% down over 20 years the monthly mortgage payment is about 1,760 €, against an expected local rent of 979 €. The rent covers 56% of it.
Source: Market statistics for 3-room apartments in Gorna Banya
Pros and cons
AI summaryPros
- functional layout
- new building
- balconies
- gated complex
Cons
- electric heating
- additional cost for parking space
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2025.
Is there enough daylight during the day?
Because: The advertised exposure has no southern side.
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
Exposure
AI summaryEEast
Morning sun, cooler afternoons
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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