Sale

Spacious two-room apartment in Geo Milev with balcony and loggia

SofiaGeo Milev
Published: 4 August 2026 Updated: 30 September 2026
Sale240,000 €3,000 €/m²
Expected rent635 € /mo

~32,000 € BELOW MARKET

good value

against the median for 2-room apartments in Geo Milev (39 properties)

Area
80 m²
Floor
2 / 5
Construction
Brick
Heating
Local Heating

Yield analysis

Low investment rating

3.2% / yr
Monthly payment1,065 €20% down payment · 20 yrs · 3%
Expected rent635 €at market conditions for the neighbourhood

The rent covers 60% of the payment — you top up about 430 €/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 32,000 € below the typical price (the median) for 2-room apartments in Geo Milev (39 properties) — 3,000 €/m² against 3,400 €/m².

Two-room apartment in the Geo Milev district, Sofia, on the second floor of a five-storey brick building from 2000. The property has a total area of 80 sq m and an adjacent basement of 17 sq m.

The layout includes an entrance hall, living room with two aspects, separate kitchen with balcony, bedroom with loggia, and a large bathroom with toilet. It is possible to convert it into a three-room apartment.

The building is brick, with a maintained facade and entrance, no information about additional amenities or elevator. The apartment is in need of renovation, offering the opportunity for individual design.

The location is close to the Galaxy shopping centre and a future metro station, providing convenient public transport and access to services.

The property is suitable for people seeking accommodation in a central urban environment with the possibility to adapt according to their needs.

With 20% down over 20 years the monthly mortgage payment is about 1,065 €, against an expected local rent of 635 €. The rent covers 60% of it.

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

Pros and cons

AI summary
Pros
  • functional layout
  • two aspects
  • balcony and loggia
  • adjacent basement
Cons
  • in need of renovation

Layout

  • entrance hall
  • living room
  • kitchen
  • bedroom

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

NNorth

Even light, cooler during summer

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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