Sale

Three-room apartment with terrace in Geo Milev, Sofia

SofiaGeo Milev

Published: 6 August 2026 Updated: 3 September 2026

Sale550,000 €4,954 €/m²

Expected rent870 € /mo

~190,500 € ABOVE MARKET

overpriced

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

Area

111 m²

Floor

4 / 4

Construction

Brick

Year

1980

Heating

District Heating

Yield analysis

Low investment rating

1.9% / yr

Monthly payment2,440 €20% down payment · 20 yrs · 3%

Expected rent870 €at market conditions for the neighbourhood

The rent covers 36% of the payment — you top up about 1,570 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 53 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 190,500 € above the typical price (the median) for 3-room apartments in Geo Milev (63 properties) — 4,954 €/m² against 3,237 €/m².

The offered property is a three-room apartment with an area of 111 sq m, located in the Geo Milev district of Sofia. The layout includes a living room with kitchenette, two separate bedrooms, a bathroom with toilet, a separate toilet, and a terrace accessible from the living room. The apartment is on the fourth floor of four in a brick building constructed in 1980. The dwelling is furnished and equipped with air conditioners in every room, and it also has a basement of 12 sq m. The aspect is south-facing, providing good natural light. The location is convenient, close to kindergartens, schools, and public transport stops. The property is suitable both for personal use and as an investment for rental purposes.

With 20% down over 20 years the monthly mortgage payment is about 2,440 €, against an expected local rent of 870 €. The rent covers 36% of it.

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

Pros and cons

AI summary

Pros

functional layout
south aspect
terrace
basement

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.

Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 years old.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
Is there a lift in the building, and what condition is it in?
Because: The property is on floor 4 and the listing does not mention a lift.