At market level
median 3,400 €/m² for comparable properties
229,500 €3,530 €/m²
Rent covers ~ 62% of the payment
~ 631 €/mo rent · you top up ~ 387 €/mo
Sale235,000 €2,350 €/m²
Expected rent631 € /mo
~105,000 € BELOW MARKET
good value
against the median for 2-room apartments in Geo Milev (37 properties)
Area
100 m²
Floor
5 / 6
Construction
Brick
Year
2025
Yield analysis
Low investment rating
Monthly payment1,043 €20% down payment · 20 yrs · 3%
Expected rent631 €at market conditions for the neighbourhood
The rent covers 61% of the payment — you top up about 412 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 31 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 105,000 € below the typical price (the median) for 2-room apartments in Geo Milev (37 properties) — 2,350 €/m² against 3,400 €/m².
2-room apartment in Sofia, Geo Milev district, located on the 5th floor of 6 in a 2025 brick building.
The layout includes functional rooms with a southwest aspect, providing good natural light and the possibility for efficient use of space.
The building is equipped with an elevator, video surveillance, and access control, and the property includes a parking space and internet connection.
The location is within a gated complex, contributing to the security and tranquility of the residents, while being close to urban infrastructure.
Suitable for living or renting out, the property offers a balance between comfort and functionality.
With 20% down over 20 years the monthly mortgage payment is about 1,043 €, against an expected local rent of 631 €. The rent covers 61% of it.
Pros and cons
AI summaryPros
- southwest aspect
- new-build
- elevator
- parking space
Cons
- in need of renovation
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 31% below the average for comparable properties.
What is the scope of the work, and are there hidden problems with the wiring or plumbing?
Because: The listing states that the property needs renovation.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2025.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Amenities
- Elevator
- With Parking
- Leasing
- Internet Connection
- Active Business
- Video Surveillance
- Access Control
- Security
- Renovated
- Gated Community
- Needs Renovation
- Tax Credit Option
Details
- Category
- Residential
- Rooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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