Sale

Spacious 2-room apartment in Geo Milev with large terrace

SofiaGeo Milev
Published: 1 October 2026 Updated: 1 October 2026
Sale239,000 €2,438 €/m²
Expected rent635 € /mo

~94,000 € BELOW MARKET

good value

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

Area
98 m²
Floor
6 / 6
Construction
Brick
Year
2023
Heating
District Heating

Yield analysis

Low investment rating

3.2% / yr
Monthly payment1,060 €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 425 €/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 94,000 € below the typical price (the median) for 2-room apartments in Geo Milev (39 properties) — 2,438 €/m² against 3,400 €/m².

2-room apartment in Sofia, district Geo Milev, located on the top 6th floor in a new building from 2023 with Act 16.

The layout includes an entrance hall, spacious living room with kitchenette, bedroom, bathroom with toilet, and a large covered terrace accessible from both the living room and bedroom.

The building is brick, equipped with an elevator, access control, and video surveillance; heating is provided by air conditioners and district heating.

The location offers convenient transport connections, proximity to a future metro station, and green areas within walking distance.

The property is suitable for urban living with a functional layout and the possibility to create an additional room if needed.

With 20% down over 20 years the monthly mortgage payment is about 1,060 €, 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
  • southwest aspect
  • new brick building
  • large covered terrace
Cons
  • top floor

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 28% below the average for comparable properties.

  2. What condition is the roof in, and does it overheat in summer?

    Because: The property is on the top floor.

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
  • bathroom

Amenities

  • Elevator
  • Internet Connection
  • Video Surveillance
  • Access Control
  • Renovated
  • Gated Community

Details

Category
Residential
Rooms
2
Bathrooms
1
Furnishing
Yes

Location

Similar properties nearby