median 2,347 €/m² for comparable properties
Rent covers ~ 117% of the payment
~ 979 €/mo rent · pays for itself in ~ 16 yrs
~219,500 € BELOW MARKET
far below market
against the median for 3-room apartments in Gorna Banya (61 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Fair investment rating
The rent covers 83% of the payment — you top up about 203 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This apartment is priced about 219,500 € below the typical price (the median) for 3-room apartments in Gorna Banya (61 properties) — 1,287 €/m² against 2,347 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
The offered property is a three-room apartment in the new boutique complex Lotus Living, located in the green and quiet district of Gorna Banya, Sofia. The complex consists of two buildings with a limited number of residences, ensuring privacy and a friendly atmosphere.
The apartment has an area of about 80 sq m and features a functional layout suitable for family living. The interior space is designed with attention to comfort and practicality.
The building is brick and is expected to be completed in 2028, with construction adhering to modern standards for quality and energy efficiency. The complex includes green areas and relaxation spots between the buildings.
The location is convenient, close to Gorna Banya metro station and a bus stop, providing easy access to the center of Sofia. The area offers tranquility, clean air, mineral springs, and panoramic views of Vitosha, which is an advantage for a balanced lifestyle.
The property is suitable both for living and investment, combining contemporary design and amenities in a prestigious and peaceful environment.
With 20% down over 20 years the monthly mortgage payment is about 1,182 €, against an expected local rent of 979 €. The rent covers 83% of it.
The asking price has fallen by 9,864 € (3.6%) since it was first listed.
Source: Market statistics for 3-room apartments in Gorna Banya
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Derived from this specific property's data — not a generic checklist. Take them with you.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 45% below the average for comparable properties.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 225 days.
Is there still room to negotiate?
Because: The price has been cut once, by about 4%.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2028.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 2,347 €/m² for comparable properties
Rent covers ~ 117% of the payment
~ 979 €/mo rent · pays for itself in ~ 16 yrs
median 3,000 €/m² for comparable properties
Rent covers ~ 18% of the payment
~ 965 €/mo rent · you top up ~ 4,359 €/mo
median 2,203 €/m² for comparable properties
Rent covers ~ 77% of the payment
~ 783 €/mo rent · you top up ~ 235 €/mo
median 3,000 €/m² for comparable properties
Rent covers ~ 41% of the payment
~ 965 €/mo rent · you top up ~ 1,364 €/mo
median 3,000 €/m² for comparable properties
Rent covers ~ 24% of the payment
~ 965 €/mo rent · you top up ~ 3,114 €/mo
median 2,347 €/m² for comparable properties
Rent covers ~ 117% of the payment
~ 979 €/mo rent · pays for itself in ~ 16 yrs
median 2,347 €/m² for comparable properties
Rent covers ~ 96% of the payment
~ 979 €/mo rent · you top up ~ 41 €/mo
median 3,000 €/m² for comparable properties
Rent covers ~ 54% of the payment
~ 965 €/mo rent · you top up ~ 810 €/mo