Sale

One-room apartment in Geo Milev with potential for conversion

SofiaGeo Milev
Published: 2 May 2026 Updated: 14 September 2026
Sale151,000 €3,212 €/m²
Expected rent795 € /mo

AT MARKET LEVEL

fairly priced

against the median for apartments in Geo Milev (123 properties)

Area
47 m²
Floor
5 / 5
Construction
Brick
Heating
District Heating

Yield analysis

Good investment rating

6.3% / yr
Monthly payment670 €20% down payment · 20 yrs · 3%
Expected rent795 €at market conditions for the neighbourhood

The rent covers 119% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 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 apartments in Geo Milev (123 properties) — 3,212 €/m² against 3,253 €/m².

Apartment with an area of 47.6 sq m in the Geo Milev district of Sofia, located on the top floor of a brick building.
The layout includes a spacious room, kitchen, bathroom with toilet, and an adjacent basement of 6.9 sq m, with the possibility to convert into a two-room apartment.
The building is brick, with no information on the year of construction, and the apartment is on the 5th floor of 5.
The location is close to a future metro station, Geo Milev Park, Sky City Mall, and main boulevards providing convenient access to the city.
The property is suitable both for personal use and as an investment, thanks to its functional layout and location.

With 20% down over 20 years the monthly mortgage payment is about 670 €, against an expected local rent of 795 €. The rent covers the whole payment (119%).

Source: Market statistics for apartments in Geo Milev

Pros and cons

AI summary
Pros
  • functional layout
  • close to metro
  • close to park
  • potential for conversion
Cons
  • top floor
  • no renovation info

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. What condition is the roof in, and does it overheat in summer?

    Because: The property is on the top floor.

  2. Is there a lift in the building, and what condition is it in?

    Because: The property is on floor 5 and the listing does not mention a lift.

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

Layout

  • room
  • kitchen

Details

Category
Residential
Rooms
1
Bathrooms
1

Approximate location

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

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