Sale

Four-room apartment with two balconies in Banishora, Sofia

SofiaBanishora
Published: 5 March 2026 Updated: 9 September 2026
Sale300,000 €2,752 €/m²
Expected rent751 € /mo

~44,000 € ABOVE MARKET

above market

against the median for 3-room apartments in Banishora (195 properties)

Area
109 m²
Floor
5 / 6
Construction
Brick
Year
2009
Heating
Local Heating

Yield analysis

Low investment rating

3% / yr
Monthly payment1,331 €20% down payment · 20 yrs · 3%
Expected rent751 €at market conditions for the neighbourhood

The rent covers 56% of the payment — you top up about 580 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 33 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

5 changes since listing▼ 4.8% · 15,000 €
  1. 315,000 €5 March 2026Initial price
  2. 311,000 €▼ 4,000 € (1.3%) 6 April 2026Price reduced
  3. 310,000 €▼ 1,000 € (0.3%) 5 May 2026Price reduced
  4. 310,000 €▲ 0 € (0%) 5 May 2026Price increased
  5. 300,000 €▼ 10,000 € (3.2%) 6 August 2026Price reduced
  6. 300,000 €▲ 0 € (0%) 6 August 2026Price increasedCurrent

Property analysis

This apartment is priced about 44,000 € above the typical price (the median) for 3-room apartments in Banishora (195 properties) — 2,752 €/m² against 2,348 €/m².

The apartment is located in the Banishora district, Sofia city.
The layout includes a kitchen, living room, two bedrooms, bathroom with toilet, storage room and two balconies, with the possibility to convert into a 4-room apartment.
The building is brick, built in 2009, with an elevator and renovated common areas providing amenities such as internet and access control.
The location offers quick access to the city centre, proximity to St. Nikolay Park, playgrounds, shops and a kindergarten.
The property is suitable for families seeking a functional home with a convenient location and potential for expansion.

With 20% down over 20 years the monthly mortgage payment is about 1,331 €, against an expected local rent of 751 €. The rent covers 56% of it.

This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 211 days. The asking price has fallen by 15,000 € (4.8%) since it was first listed.

Source: Market statistics for 3-room apartments in Banishora

Pros and cons

AI summary
Pros
  • functional layout
  • two terraces
  • elevator
  • close to park
Cons

We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.

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, and why has it not sold yet?

    Because: The price has been cut 3 times — about 5% below the original asking price.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 211 days.

  3. Who am I negotiating with, and who is authorised to agree a price?

    Because: The property appears in 2 listings at the same price.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Layout

  • kitchen
  • living room
  • bedroom
  • bedroom
  • bathroom with toilet
  • storage room
  • balcony
  • balcony

Amenities

  • Elevator
  • Internet Connection
  • Access Control
  • Renovated

Details

Category
Residential
Rooms
4
Bathrooms
1
Furnishing
Yes

Location

Similar properties nearby