Sale

Two-room apartment in Geo Milev with terrace

SofiaGeo Milev
Published: 2 May 2026 Updated: 4 September 2026
Sale265,000 €4,416 €/m²
Expected rent634 € /mo

~60,500 € ABOVE MARKET

overpriced

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

Area
60 m²
Floor
2 / 6
Construction
Brick
Year
2008
Heating
District Heating

Yield analysis

Low investment rating

2.9% / yr
Monthly payment1,176 €20% down payment · 20 yrs · 3%
Expected rent634 €at market conditions for the neighbourhood

The rent covers 54% of the payment — you top up about 542 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 35 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

1 change since listing▼ 5.4% · 15,000 €
  1. 280,000 €9 June 2026Initial price
  2. 265,000 €▼ 15,000 € (5.4%) 2 August 2026Price reducedCurrent

Property analysis

This apartment is priced about 60,500 € above the typical price (the median) for 2-room apartments in Geo Milev (40 properties) — 4,416 €/m² against 3,407 €/m².

The apartment is located in Sofia, Geo Milev district, on Kalina Malina St. It features a hallway, large living room with kitchenette, bedroom, bathroom with toilet, and terrace. The building is brick, built in 2008, with common areas clad in marble and granite. The property is situated on the 2nd floor of 6 in a new building. The location is in the wider center, close to a supermarket, school, kindergarten, and nursery. It is suitable for people seeking convenient urban living with access to essential services.

With 20% down over 20 years the monthly mortgage payment is about 1,176 €, against an expected local rent of 634 €. The rent covers 54% of it.

The asking price has fallen by 15,000 € (5.4%) since it was first listed.

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

Pros and cons

AI summary
Pros
  • functional layout
  • new building
  • quiet and peaceful street
Cons

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

Questions for the viewing

Only on imotesa

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

  1. Is there still room to negotiate?

    Because: The price has been cut once, by about 5%.

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
  • hallway
  • terrace

Details

Category
Residential
Rooms
2
Bathrooms
1
Furnishing
Yes

Approximate location

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

Similar properties nearby