Sale

Two-room apartment with balcony in Geo Milev, Sofia

SofiaGeo Milev
Published: 5 February 2026 Updated: 17 September 2026
Sale243,000 €4,189 €/m²
Expected rent634 € /mo

~45,500 € ABOVE MARKET

overpriced

against the median for 2-room apartments in Geo Milev (40 properties)

Area
58 m²
Floor
4 / 5
Construction
Brick
Year
1960
Heating
District Heating

Yield analysis

Low investment rating

3.1% / yr
Monthly payment1,078 €20% down payment · 20 yrs · 3%
Expected rent634 €at market conditions for the neighbourhood

The rent covers 59% of the payment — you top up about 444 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 32 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

5 changes since listing▼ 2.8% · 7,000 €
  1. 250,000 €20 April 2026Initial price
  2. 250,000 €▲ 0 € (0%) 20 April 2026Price increased
  3. 250,000 €▲ 0 € (0%) 20 April 2026Price increased
  4. 243,000 €▼ 7,000 € (2.8%) 11 May 2026Price reduced
  5. 243,000 €▲ 0 € (0%) 11 May 2026Price increased
  6. 243,000 €▲ 0 € (0%) 11 May 2026Price increasedCurrent

Property analysis

This apartment is priced about 45,500 € above the typical price (the median) for 2-room apartments in Geo Milev (40 properties) — 4,189 €/m² against 3,407 €/m².

The apartment is located in the Geo Milev district, Sofia. The property has a floor area of 58 sq m and is situated on the 4th floor of 5 in a brick building from 1960.

The layout includes a living room with walk-through access to a bedroom with balcony, a large lounge with separate kitchen and pantry, as well as a bathroom with toilet. The apartment is non-walk-through and offers functional use of space.

The building is brick, and the apartment has replaced electrical wiring and PVC windows. Heating is electric via air conditioners, with district heating available but radiators removed. Common areas are maintained, and the entrance has controlled access.

The location is close to key sites such as Serdika Mall, Sitnyakovo metro station, and schools. There are parking options in front of the building.

The property is suitable for living or renting out, combining a convenient location with a functional layout.

With 20% down over 20 years the monthly mortgage payment is about 1,078 €, against an expected local rent of 634 €. The rent covers 59% of it.

This property is advertised in 3 offers from 2 different sellers. All offers are at the same price. It has been listed for 239 days. The asking price has fallen by 7,000 € (2.8%) since it was first listed.

Source: Market statistics for 2-room apartments in Geo Milev

Pros and cons

AI summary
Pros
  • functional layout
  • southeast aspect
  • parking in front
  • replaced electrical wiring
Cons
  • no elevator
  • electric heating

Questions for the viewing

Only on imotesa

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

  1. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 239 days.

  2. Is there still room to negotiate?

    Because: The price has been cut once, by about 3%.

  3. Who am I negotiating with, and who is authorised to agree a price?

    Because: The property appears in 3 listings at the same price.

  4. Have the risers been replaced, and when was the roof last repaired?

    Because: The building dates from 1960 — about 66 years old.

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

    Because: The property is on floor 4 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

  • living room
  • bedroom
  • lounge
  • kitchen

Amenities

  • With Parking
  • Internet Connection

Exposure

AI summary
EEast

Morning sun, cooler afternoons

Details

Category
Residential
Rooms
2
Bathrooms
1
Furnishing
Yes

Location

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