Sale

Three-room apartment in Geo Milev with functional layout

SofiaGeo Milev
Published: 6 April 2026 Updated: 2 August 2026
Sale296,000 €2,930 €/m²
Expected rent870 € /mo

~31,000 € BELOW MARKET

good value

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

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

Yield analysis

Low investment rating

3.5% / yr
Monthly payment1,313 €20% down payment · 20 yrs · 3%
Expected rent870 €at market conditions for the neighbourhood

The rent covers 66% of the payment — you top up about 443 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 28 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 31,000 € below the typical price (the median) for 3-room apartments in Geo Milev (63 properties) — 2,930 €/m² against 3,237 €/m².

Three-room apartment with an area of 101 sq m, located in the district of Geo Milev, Sofia city.

The property offers four separate rooms, providing a good functional layout, but the rooms are walk-through and require renovation.

The building is brick from 1960, with a good structure, but the apartment needs full renovation and updating of installations.

The location is on a quiet street with convenient access to public transport, shops, schools, and a park, suitable for family use.

The overall characteristic of the property makes it suitable for people looking for a home with potential for customization and long-term investment.

With 20% down over 20 years the monthly mortgage payment is about 1,313 €, against an expected local rent of 870 €. The rent covers 66% of it.

Source: Market statistics for 3-room apartments in Geo Milev

Pros and cons

AI summary
Pros
  • functional layout
  • good natural light
  • quiet street
  • developed infrastructure
Cons
  • needs full renovation
  • walk-through rooms
  • ground floor

Questions for the viewing

Only on imotesa

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

  1. What is the scope of the work, and are there hidden problems with the wiring or plumbing?

    Because: The listing states that the property needs renovation.

  2. Have the risers been replaced, and when was the roof last repaired?

    Because: The building dates from 1960 — about 66 years old.

  3. 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.

Layout

  • room
  • room
  • room
  • room

Amenities

  • Needs Renovation
  • With Transition

Details

Category
Residential
Rooms
3

Approximate location

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

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