Sale

2-bedroom apartment in Sofia, Geo Milev

SofiaGeo Milev
Published: 6 August 2025 Updated: 3 August 2026
Sale275,000 €4,104 €/m²
Expected rent662 € /mo

~54,000 € BELOW MARKET

good value

against the median for 2-room apartments in Geo Milev (17 properties)

Area
67 m²
Floor
1 / 4
Construction
Brick
Year
1960
Heating
District Heating

Yield analysis

Low investment rating

2.9% / yr
Monthly payment1,220 €20% down payment · 20 yrs · 3%
Expected rent662 €at market conditions for the neighbourhood

The rent covers 54% of the payment — you top up about 558 €/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

2 changes since listing▼ 4.2% · 12,000 €
  1. 287,000 €6 August 2025Initial price
  2. 275,000 €▼ 12,000 € (4.2%) 7 February 2026Price reduced
  3. 275,000 €▲ 0 € (0%) 9 March 2026Price increasedCurrent

Property analysis

This apartment is priced about 54,000 € below the typical price (the median) for 2-room apartments in Geo Milev (17 properties) — 4,104 €/m² against 4,914 €/m².

With 20% down over 20 years the monthly mortgage payment is about 1,220 €, against an expected local rent of 662 €. The rent covers 54% of it.

This property is advertised in 2 offers from 2 different sellers. All offers are at the same price. It has been listed for 422 days. The asking price has fallen by 12,000 € (4.2%) since it was first listed.

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

Questions for the viewing

Only on imotesa

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

  1. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 17% below the average for comparable properties.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 422 days.

  3. Is there still room to negotiate?

    Because: The price has been cut once, by about 4%.

  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 damp, is there enough daylight, and what is the noise like?

    Because: The property is on the first floor.

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

Amenities

  • Renovated
  • With Parking

Details

Category
Residential
Rooms
2
Bathrooms
1

Approximate location

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

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