Sale

3-bedroom apartment in Sofia, Geo Milev

SofiaGeo Milev
Published: 27 November 2025 Updated: 8 May 2026
Sale280,000 €2,800 €/m²
Expected rent870 € /mo

~43,500 € BELOW MARKET

good value

against the median for 3-room apartments in Geo Milev (63 properties)

Area
100 m²
Floor
5 / 8
Construction
Panel
Heating
District Heating

Yield analysis

Low investment rating

3.7% / yr
Monthly payment1,242 €20% down payment · 20 yrs · 3%
Expected rent870 €at market conditions for the neighbourhood

The rent covers 70% of the payment — you top up about 372 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 27 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▼ 5.1% · 15,000 €
  1. 295,000 €14 March 2026Initial price
  2. 280,000 €▼ 15,000 € (5.1%) 27 April 2026Price reducedCurrent

Property analysis

This apartment is priced about 43,500 € below the typical price (the median) for 3-room apartments in Geo Milev (63 properties) — 2,800 €/m² against 3,237 €/m².

With 20% down over 20 years the monthly mortgage payment is about 1,242 €, against an expected local rent of 870 €. The rent covers 70% of it.

The asking price has fallen by 15,000 € (5.1%) since it was first listed.

Source: Market statistics for 3-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 14% below the average for comparable properties.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 309 days.

  3. Is there still room to negotiate?

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

  4. Has the block been insulated under the renovation programme, and is there paperwork for it?

    Because: Prefabricated panel construction.

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

Amenities

  • Elevator

Details

Category
Residential
Rooms
3
Bathrooms
2

Location

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