Sale

3-room house in Gorna Banya with spacious yard

SofiaGorna Banya

Published: 3 September 2026 Updated: 30 September 2026

Sale260,000 €3,714 €/m²

Expected rent1,756 € /mo

~116,000 € ABOVE MARKET

overpriced

against the median for houses in Gorna Banya (44 properties)

Area

70 m²

Land Area

1,000 m²

Construction

Brick

Year

1990

Yield analysis

Strong investment rating

8.1% / yr

Monthly payment1,154 €20% down payment · 20 yrs · 3%

Expected rent1,756 €at market conditions for the neighbourhood

The rent covers 152% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 12 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Property analysis

This house is priced about 116,000 € above the typical price (the median) for houses in Gorna Banya (44 properties) — 3,714 €/m² against 2,059 €/m².

House with an area of 70 sq m in the district of Gorna Banya, Sofia. The property is situated on a 1000 sq m plot with access from two streets and is regulated.

The internal layout allows for restructuring according to needs, with the current condition requiring renovation.

The building is brick, built in 1990, which suggests a solid structure but needing updates to installations and finishing works.

The area offers a quiet environment with clean air and proximity to natural landmarks such as a monastery and eco-trails, about 10 km from the center of Sofia with access to public transport.

The property is suitable for people seeking a balance between urban amenities and closeness to nature, requiring investment to adapt to modern standards.

With 20% down over 20 years the monthly mortgage payment is about 1,154 €, against an expected local rent of 1,756 €. The rent covers the whole payment (152%).

Source: Market statistics for houses in Gorna Banya