At market level
median 3,288 €/m² for comparable properties
600,000 € 3,351 €/m²
Rent covers ~ 45% of the payment
~ 1,208 €/mo rent · you top up ~ 1,454 €/mo
Sale313,500 €2,985 €/m²
Expected rent874 € /mo
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Geo Milev (64 properties)
Area
105 m²
Floor
2 / 5
Construction
Brick
Year
1999
Heating
Local Heating
Yield analysis
Low investment rating
Monthly payment1,391 €20% down payment · 20 yrs · 3%
Expected rent874 €at market conditions for the neighbourhood
The rent covers 63% of the payment — you top up about 517 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 30 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 at the typical price (the median) for 3-room apartments in Geo Milev (64 properties) — 2,985 €/m² against 3,234 €/m².
Apartment with three rooms in the Geo Milev district of Sofia, on Hubavka St.
The layout includes a living room with kitchen and dining area, two bedrooms, two bathrooms, and three terraces, providing good functionality and options for creating different zones.
The building is brick, built in 1999, insulated and maintained, and the apartment is in need of a refresh renovation. Heating is electric.
The location offers access to urban infrastructure and amenities in the district.
The property is suitable for family use with a balanced layout and an additional storage room.
With 20% down over 20 years the monthly mortgage payment is about 1,391 €, against an expected local rent of 874 €. The rent covers 63% of it.
Source: Market statistics for 3-room apartments in Geo Milev
Pros and cons
AI summaryPros
- functional layout
- three terraces
- insulated building
- storage room
Cons
- electric heating
- needs refresh renovation
Layout
- corridor
- living room
- bedroom
- bedroom
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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