Sale

3-room apartment in Geo Milev with balcony and loggia

SofiaGeo Milev
Published: 1 August 2026 Updated: 21 September 2026
Sale255,000 €3,400 €/m²
Expected rent870 € /mo

AT MARKET LEVEL

fairly priced

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

Area
75 m²
Floor
2 / 8
Construction
Brick
Year
1970
Heating
District Heating

Yield analysis

Fair investment rating

4.1% / yr
Monthly payment1,131 €20% down payment · 20 yrs · 3%
Expected rent870 €at market conditions for the neighbourhood

The rent covers 77% of the payment — you top up about 261 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 24 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 (63 properties) — 3,400 €/m² against 3,237 €/m².

The apartment is located in the Geo Milev district of Sofia, on Nikolay Kopernik St. The property has a floor area of 75 sq m and is situated on the 2nd floor of an 8-storey brick building from 1970 with an elevator.

The layout includes two separate rooms, a kitchen, bathroom, separate toilet, walk-in closet, entrance hall, balcony, and loggia, providing functional use of the space.

The building is a solid brick construction with maintained common areas and an available elevator. The apartment is in a condition that requires full renovation, allowing for interior customization.

The location is convenient, close to Geo Milev metro station (about 500 m), bus stops, schools, kindergartens, a polyclinic, and a shopping center, providing access to urban amenities.

The property is suitable for those seeking a home with renovation potential in a well-developed urban area.

With 20% down over 20 years the monthly mortgage payment is about 1,131 €, against an expected local rent of 870 €. The rent covers 77% of it.

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

Pros and cons

AI summary
Pros
  • functional layout
  • elevator
  • close to metro
  • balcony and loggia
Cons
  • needs full renovation

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 1970 — about 56 years old.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Layout

  • room
  • room
  • kitchen

Amenities

  • Elevator
  • Needs Renovation

Details

Category
Residential
Rooms
3
Bathrooms
2

Location

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