median 2,347 €/m² for comparable properties
Rent covers ~ 117% of the payment
~ 979 €/mo rent · pays for itself in ~ 16 yrs
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Gorna Banya (61 properties)
Good investment rating
The rent covers 125% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 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 at the typical price (the median) for 3-room apartments in Gorna Banya (61 properties) — 2,300 €/m² against 2,347 €/m².
3-room apartment in Sofia city, Gorna Banya district, on Inzh. Borislav Ogoiski St. It is located on the ground floor of a new residential building from 2026 with four floors and an elevator.
The layout includes a living room with dining area and kitchenette, two bedrooms, entrance hall, bathroom with toilet, separate toilet, and laundry room. All rooms have access to the English courtyard.
The construction is brick, with underfloor heating and an installed heat pump system. The entrance doors are solid, and the building has high standards for thermal insulation and earthquake resistance.
The location is quiet, with quick access to Gorna Banya metro station, public transport, school, kindergarten, and shops. Vitosha and Lyulin mountains are nearby, providing clean air and recreational opportunities.
The property is suitable for families seeking convenience and proximity to nature with good urban infrastructure.
With 20% down over 20 years the monthly mortgage payment is about 786 €, against an expected local rent of 979 €. The rent covers the whole payment (125%).
The asking price has fallen by 3,850 € (2.1%) since it was first listed.
Source: Market statistics for 3-room apartments in Gorna Banya
Derived from this specific property's data — not a generic checklist. Take them with you.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 180 days.
Is there still room to negotiate?
Because: The price has been cut once, by about 2%.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2026.
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
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median 3,000 €/m² for comparable properties
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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
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median 3,000 €/m² for comparable properties
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~ 965 €/mo rent · you top up ~ 810 €/mo