median 2,347 €/m² for comparable properties
Rent covers ~ 117% of the payment
~ 979 €/mo rent · pays for itself in ~ 16 yrs
~269,000 € ABOVE MARKET
overpriced
against the median for 4-room apartments in Gorna Banya (15 properties)
Low investment rating
The rent covers 24% of the payment — you top up about 3,117 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 79 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 269,000 € above the typical price (the median) for 4-room apartments in Gorna Banya (15 properties) — 4,239 €/m² against 3,000 €/m².
The apartment is located in the Gloria Palace Residence complex in the Gorna Banya district of Sofia. It is situated on the 4th floor of 6 with a total area of 217 sq m and a southeast aspect.
The layout includes an entrance hall, living room with dining area and kitchenette, master bedroom with walk-in closet and bathroom, two additional bedrooms, another bathroom, laundry room, guest toilet, and three panoramic terraces.
The building is brick construction with an elevator and access control. The apartment is finished with quality materials such as solid oak parquet, latex paint, and decorative bricks. It is equipped with modern heating and cooling systems.
The location offers quick access to Tsar Boris III Blvd and the Ring Road, as well as walking distance to the new Gorna Banya metro station. The complex has its own spa center with mineral water.
The property is suitable for families seeking a spacious and functional home in a green environment with amenities for comfortable living.
With 20% down over 20 years the monthly mortgage payment is about 4,082 €, against an expected local rent of 965 €. The rent covers 24% of it.
Source: Market statistics for 4-room apartments in Gorna Banya
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Maximum sunlight throughout the day
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