Sale

Three-room apartment in Geo Milev with balcony and basement

SofiaGeo Milev
Published: 3 April 2026 Updated: 3 September 2026
Sale235,000 €3,671 €/m²
Expected rent634 € /mo

AT MARKET LEVEL

fairly priced

against the median for 2-room apartments in Geo Milev (40 properties)

Area
64 m²
Floor
1 / 10
Construction
Brick
Year
1990
Heating
District Heating

Yield analysis

Low investment rating

3.2% / yr
Monthly payment1,043 €20% down payment · 20 yrs · 3%
Expected rent634 €at market conditions for the neighbourhood

The rent covers 61% of the payment — you top up about 409 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 31 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

2 changes since listing▼ 11.1% · 26,000 €
  1. 235,000 €9 March 2026Initial price
  2. 230,000 €▼ 5,000 € (2.1%) 3 April 2026Price reduced
  3. 209,000 €▼ 21,000 € (9.1%) 7 August 2026Price reducedCurrent

Property analysis

This apartment is priced at the typical price (the median) for 2-room apartments in Geo Milev (40 properties) — 3,671 €/m² against 3,407 €/m².

A three-room apartment with an area of 64 sq m is located in the Geo Milev district, Sofia. The layout includes a living room with kitchen, walk-through bedroom, separate room, bathroom with toilet, and a balcony adjoining the bedroom and kitchen. The apartment has replaced PVC windows, wooden parquet and tiles, and does not require renovation. The building is brick from 1990, with maintained common areas and parking in front of the block. The property includes an adjacent basement. The property is suitable for family living with a convenient location and functional layout.

With 20% down over 20 years the monthly mortgage payment is about 1,043 €, against an expected local rent of 634 €. The rent covers 61% of it.

The asking price has fallen by 26,000 € (11.1%) since it was first listed.

Source: Market statistics for 2-room apartments in Geo Milev

Pros and cons

AI summary
Pros
  • functional layout
  • replaced PVC windows
  • adjacent basement
  • maintained common areas
Cons
  • 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. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 2 times — about 11% below the original asking price.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 239 days.

  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

  • living room
  • bedroom
  • room

Amenities

  • Elevator
  • Renovated
  • With Transition
  • Access Control

Details

Category
Residential
Rooms
3
Bathrooms
1
Furnishing
Yes

Location

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