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)
Fair investment rating
The rent covers 106% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 18 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) — 2,350 €/m² against 2,347 €/m².
Three-room apartment in Sofia, Gorna Banya district, on Inzh. Borislav Ogoiski St. It is located on the second floor of a four-storey building from 2026 with brick construction.
The layout includes a living room with dining area and kitchenette with terrace, two bedrooms (one with built-in wardrobe, the other with terrace), entrance hall, bathroom with toilet, and separate toilet.
The building is in the process of completion (pre-Act 15) and will be equipped with underfloor heating, heat pump system, solid entrance doors, elevator, and access control. The common areas and facade will meet modern standards for thermal insulation and earthquake resistance.
The location is quiet, with quick access to Gorna Banya metro station, public transport, school, kindergarten, shops, and hospital. Nearby are the Vitosha and Lyulin mountains, providing clean air and recreational opportunities.
The property is suitable for family living with good functionality and amenities combining urban and natural comfort.
With 20% down over 20 years the monthly mortgage payment is about 928 €, against an expected local rent of 979 €. The rent covers the whole payment (106%).
The asking price has fallen by 6,850 € (3.2%) 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 3%.
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
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