Sale

Four-room apartment with three terraces in Gorna Banya, Sofia

SofiaGorna Banya
Published: 1 August 2026 Updated: 1 August 2026
Sale920,000 €4,239 €/m²
Expected rent965 € /mo

~269,000 € ABOVE MARKET

overpriced

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

Area
217 m²
Floor
4 / 6
Construction
Brick
Heating
Gas

Yield analysis

Low investment rating

1.3% / yr
Monthly payment4,082 €20% down payment · 20 yrs · 3%
Expected rent965 €at market conditions for the neighbourhood

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.

Property analysis

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

Pros and cons

AI summary
Pros
  • functional layout
  • southeast aspect
  • quality materials
  • elevator
Cons

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

Layout

  • entrance hall
  • living room
  • master bedroom
  • bedroom
  • bedroom
  • bathroom
  • bathroom
  • toilet
  • toilet

Amenities

  • Elevator
  • Access Control
  • With Parking

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

Details

Category
Residential
Rooms
4
Bathrooms
3
Furnishing
Yes

Location

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