At market level
median 3,407 €/m² for comparable properties
224,500 € 3,301 €/m²
Rent covers ~ 64% of the payment
~ 634 €/mo rent · you top up ~ 362 €/mo
Sale550,000 €4,621 €/m²
Expected rent870 € /mo
~165,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Geo Milev (63 properties)
Area
119 m²
Floor
3 / 7
Construction
Brick
Year
2019
Heating
District Heating
Yield analysis
Low investment rating
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 165,000 € above the typical price (the median) for 3-room apartments in Geo Milev (63 properties) — 4,621 €/m² against 3,237 €/m².
Apartment with three rooms in the Geo Milev district, Sofia, located on the third floor of a seven-storey building.
The layout includes a living room with dining area and kitchen, two bedrooms, a bathroom with toilet, separate toilet, laundry room and two balconies.
The building was constructed in 2019 from brick and features an elevator, video surveillance and controlled access. Heating is district heating with additional air conditioners in each room.
The location offers convenient access to a future metro station and Geo Milev Park, in a quiet part of the district.
The property is suitable for family use with a functional layout and good transport connections.
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 summaryPros
- functional layout
- southwest aspect
- new-build
- elevator and video surveillance
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room
- bedroom
- bedroom
- bathroom
- toilet
- laundry
- entrance hall
- corridor
- balcony
- balcony
Amenities
- Elevator
- With Parking
- Video Surveillance
- Access Control
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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