Sale

Four-room apartment in Gorna Banya with terrace and elevator

SofiaGorna Banya
Published: 1 October 2026 Updated: 1 October 2026
Sale525,000 €3,017 €/m²
Expected rent964 € /mo

AT MARKET LEVEL

fairly priced

against the median for 4-room apartments in Gorna Banya (15 properties)

Area
174 m²
Floor
1 / 5
Construction
Brick

Yield analysis

Low investment rating

2.2% / yr
Monthly payment2,329 €20% down payment · 20 yrs · 3%
Expected rent964 €at market conditions for the neighbourhood

The rent covers 41% of the payment — you top up about 1,365 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 45 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Property analysis

This apartment is priced at the typical price (the median) for 4-room apartments in Gorna Banya (15 properties) — 3,017 €/m² against 3,000 €/m².

The apartment is located in the Gloria Palace Residence complex in the Gorna Banya district, Sofia. The property has an area of 174 sq m and features four rooms on the first floor of a five-storey building.

The layout includes an entrance hall, living room with dining area and kitchenette, master bedroom, two additional bedrooms, bathroom with toilet, separate guest toilet, and terrace.

The building is brick construction with an elevator and access control. The apartment has a gas boiler and air conditioning system, while high ceilings and large windows provide good natural light.

The area offers convenient access to urban infrastructure – close to Tsar Boris III Blvd, the Ring Road, and Gorna Banya metro station. Nearby are kindergartens, schools, shops, and medical centers.

The property is suitable as a family home with good functionality and connection to the nature around Vitosha.

With 20% down over 20 years the monthly mortgage payment is about 2,329 €, against an expected local rent of 964 €. The rent covers 41% of it.

Source: Market statistics for 4-room apartments in Gorna Banya

Pros and cons

AI summary
Pros
  • functional layout
  • terrace
  • elevator
  • gas heating
Cons
  • ground floor

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

    Because: The property is on the first floor.

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

Amenities

  • Elevator
  • Access Control

Details

Category
Residential
Rooms
4
Furnishing
Yes

Approximate location

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

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