Sale

Three-room apartment with large terrace in Geo Milev, Sofia

SofiaGeo Milev
Published: 5 August 2026 Updated: 30 September 2026
Sale249,000 €3,112 €/m²
Expected rent874 € /mo

AT MARKET LEVEL

fairly priced

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

Area
80 m²
Floor
3 / 10
Construction
Brick
Year
1991
Heating
District Heating

Yield analysis

Fair investment rating

4.2% / yr
Monthly payment1,105 €20% down payment · 20 yrs · 3%
Expected rent874 €at market conditions for the neighbourhood

The rent covers 79% of the payment — you top up about 231 €/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.

Price history

1 change since listing▲ 6.4% · 16,000 €
  1. 249,000 €5 September 2026Initial price
  2. 265,000 €▲ 16,000 € (6.4%) 20 September 2026Price increasedCurrent

Property analysis

This apartment is priced at the typical price (the median) for 3-room apartments in Geo Milev (64 properties) — 3,112 €/m² against 3,234 €/m².

Three-room apartment in Sofia, Geo Milev district, on Shipchenski Prohod Blvd.

The layout includes a spacious entrance hall, living room, separate kitchen, large bedroom and south-facing terrace, providing functional use of the space.

The building is brick from 1991, with an elevator and controlled access; heating is district heating, and the property includes a basement.

The location is convenient, close to administrative buildings, schools, shops and Borisova Garden, with good public transport and a future metro station.

The property requires full renovation but offers potential for adaptation according to the new owners' needs.

With 20% down over 20 years the monthly mortgage payment is about 1,105 €, against an expected local rent of 874 €. The rent covers 79% of it.

The asking price has risen by 16,000 € (6.4%) since it was first listed.

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

Pros and cons

AI summary
Pros
  • functional layout
  • south aspect
  • elevator
  • close to park
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 changed since the listing went up — a renovation, paperwork, something else?

    Because: The price is about 6% higher than when it was first advertised.

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

Layout

  • entrance hall
  • living room
  • kitchen
  • bedroom
  • terrace
  • bathroom

Amenities

  • Elevator
  • Access Control

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

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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