Sale

Three-room apartment with terrace in gated complex in Gorna Banya

SofiaGorna Banya
Published: 3 August 2026 Updated: 30 September 2026
Sale350,000 €2,868 €/m²
Expected rent979 € /mo

~63,500 € ABOVE MARKET

overpriced

against the median for 3-room apartments in Gorna Banya (61 properties)

Area
122 m²
Floor
1 / 6
Construction
Brick
Year
2024
Heating
Gas

Yield analysis

Low investment rating

3.4% / yr
Monthly payment1,553 €20% down payment · 20 yrs · 3%
Expected rent979 €at market conditions for the neighbourhood

The rent covers 63% of the payment — you top up about 574 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 30 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▼ 5.4% · 20,000 €
  1. 370,000 €3 August 2026Initial price
  2. 350,000 €▼ 20,000 € (5.4%) 30 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 63,500 € above the typical price (the median) for 3-room apartments in Gorna Banya (61 properties) — 2,868 €/m² against 2,347 €/m².

Three-room apartment in Sofia, district Gorna Banya, part of the premium gated complex Gloria Palace Residence.

The layout includes a spacious living room with kitchenette and dining area, two bedrooms, two bathrooms, and a terrace accessible from the living room and one of the bedrooms. The total area is 122 sq m, with a net built-up area of 109 sq m.

The building is new-build from 2024, brick, with an elevator and gas heating. The complex offers video surveillance, controlled access, and parking.

The location is convenient with quick access to Tsar Boris III Blvd and the Ring Road, a bus stop in front of the complex, and proximity to schools, university, and supermarkets.

The property is suitable for families seeking a secure and quiet environment with amenities and easy connection to central Sofia.

With 20% down over 20 years the monthly mortgage payment is about 1,553 €, against an expected local rent of 979 €. The rent covers 63% of it.

The asking price has fallen by 20,000 € (5.4%) since it was first listed.

Source: Market statistics for 3-room apartments in Gorna Banya

Pros and cons

AI summary
Pros
  • functional layout
  • new-build
  • gated complex
  • parking space
Cons
  • west-north aspect

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 5%.

  2. Is there damp, is there enough daylight, and what is the noise like?

    Because: The property is on the first floor.

  3. 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

Amenities

  • Elevator
  • With Parking
  • Video Surveillance
  • Access Control
  • Gated Community

Exposure

AI summary
NNorth

Even light, cooler during summer

WWest

Afternoon and evening sun

Details

Category
Residential
Rooms
3
Bathrooms
2

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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