Sale

Three-room apartment in Geo Milev with terrace and parking

SofiaGeo Milev
Published: 4 August 2026 Updated: 4 September 2026
Sale299,000 €3,737 €/m²
Expected rent874 € /mo

~40,500 € ABOVE MARKET

above market

against the median for 3-room apartments in Geo Milev (64 properties)

Area
80 m²
Floor
4 / 8
Construction
Brick
Year
1980
Heating
District Heating

Yield analysis

Low investment rating

3.5% / yr
Monthly payment1,327 €20% down payment · 20 yrs · 3%
Expected rent874 €at market conditions for the neighbourhood

The rent covers 66% of the payment — you top up about 453 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 29 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 40,500 € above the typical price (the median) for 3-room apartments in Geo Milev (64 properties) — 3,737 €/m² against 3,234 €/m².

Three-room apartment in the Geo Milev district of Sofia, on Alfred Nobel St. It is located on the 4th floor of 8 in a brick building from 1980 with an elevator.

The property features an L-shaped corridor with built-in wardrobes, a kitchen with dining area, one walk-through bedroom and a bedroom with terrace, as well as a bathroom with toilet. The total area is 80 sq m, with a 4 sq m basement included.

The building is brick, maintained, with amenities such as internet, video surveillance and access control. Parking is available for residents.

The location is well connected, close to public transport stops, schools, shops and a polyclinic, providing convenience for daily living.

The property is suitable for family living with good functionality and access to all necessary services in the district.

With 20% down over 20 years the monthly mortgage payment is about 1,327 €, against an expected local rent of 874 €. The rent covers 66% 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 58 days.

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

Pros and cons

AI summary
Pros
  • functional layout
  • elevator
  • parking
  • good location
Cons
  • walk-through rooms

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

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

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

  2. 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

  • bedroom
  • bedroom
  • kitchen
  • dining area
  • bathroom

Amenities

  • With Transition
  • Elevator
  • With Parking
  • Internet Connection
  • Video Surveillance
  • Access Control

Details

Category
Residential
Rooms
3
Bathrooms
1
Furnishing
Yes

Approximate location

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

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