Sale

Three-room apartment with two terraces in Geo Milev, Sofia

SofiaGeo Milev
Published: 3 July 2026 Updated: 8 September 2026
Sale240,000 €3,000 €/m²
Expected rent870 € /mo

AT MARKET LEVEL

fairly priced

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

Area
80 m²
Floor
4 / 12
Construction
EPC
Year
1980
Heating
District Heating

Yield analysis

Fair investment rating

4.3% / yr
Monthly payment1,065 €20% down payment · 20 yrs · 3%
Expected rent870 €at market conditions for the neighbourhood

The rent covers 82% of the payment — you top up about 195 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

3 changes since listing▼ 2% · 5,000 €
  1. 245,000 €3 July 2026Initial price
  2. 245,000 €▲ 0 € (0%) 3 July 2026Price increased
  3. 240,000 €▼ 5,000 € (2%) 3 September 2026Price reduced
  4. 240,000 €▲ 0 € (0%) 3 September 2026Price increasedCurrent

Property analysis

This apartment is priced at the typical price (the median) for 3-room apartments in Geo Milev (63 properties) — 3,000 €/m² against 3,237 €/m².

Three-room apartment in Sofia, Geo Milev district. It includes a living room, two bedrooms, kitchen, bathroom, separate toilet and two balconies. The layout is functional with east and south aspect, providing good natural light. The property is located on the 4th floor of 12 in a building with an elevator and access control. Built in 1980, the property needs renovation. The area is quiet and well connected, close to Lidice St, with parking options. Suitable for those seeking convenience and tranquility in a central urban environment.

With 20% down over 20 years the monthly mortgage payment is about 1,065 €, against an expected local rent of 870 €. The rent covers 82% of it.

This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 91 days. The asking price has fallen by 5,000 € (2%) since it was first listed.

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

Pros and cons

AI summary
Pros
  • functional layout
  • south and east aspect
  • elevator
  • parking space
Cons
  • needs renovation

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?

    Because: The price has been cut once, by about 2%.

  2. Who am I negotiating with, and who is authorised to agree a price?

    Because: The property appears in 2 listings at the same price.

  3. 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.

  4. Have the risers been replaced, and when was the roof last repaired?

    Because: The building dates from 1980 — about 46 years old.

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
  • kitchen
  • bedroom
  • bathroom

Amenities

  • Elevator
  • With Parking
  • Access Control
  • Needs Renovation

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

EEast

Morning sun, cooler afternoons

Details

Category
Residential
Rooms
3
Bathrooms
1

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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