Sale

Three-room apartment with terrace in Geo Milev, Sofia

SofiaGeo Milev
Published: 4 July 2026 Updated: 30 September 2026
Sale269,000 €3,164 €/m²
Expected rent874 € /mo

AT MARKET LEVEL

fairly priced

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

Area
85 m²
Floor
7 / 8
Construction
Panel
Year
1980
Heating
District Heating

Yield analysis

Low investment rating

3.9% / yr
Monthly payment1,193 €20% down payment · 20 yrs · 3%
Expected rent874 €at market conditions for the neighbourhood

The rent covers 73% of the payment — you top up about 319 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 26 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▼ 8.8% · 26,000 €
  1. 295,000 €13 July 2026Initial price
  2. 285,000 €▼ 10,000 € (3.4%) 30 July 2026Price reduced
  3. 275,000 €▼ 10,000 € (3.5%) 1 August 2026Price reduced
  4. 269,000 €▼ 6,000 € (2.2%) 9 August 2026Price reducedCurrent

Property analysis

This apartment is priced at the typical price (the median) for 3-room apartments in Geo Milev (64 properties) — 3,164 €/m² against 3,234 €/m².

Three-room apartment with an area of 85 sq m, located on the 7th floor of 8 in the district of Geo Milev, Sofia. It has a terrace of 4 sq m and a basement of 5 sq m.
The layout includes an entrance hall, spacious living room, kitchen, two separate bedrooms, bathroom with toilet, separate second toilet and laundry room.
The building is prefab panel from 1980, renovated, with PVC windows and metal entrance door. The flooring is natural and laminated parquet.
The location is convenient, close to the metro, kindergartens, shops and park, while being quiet with green areas and parking around the block.
The property is suitable for personal use or investment, offering comfort and good functionality.

With 20% down over 20 years the monthly mortgage payment is about 1,193 €, against an expected local rent of 874 €. The rent covers 73% of it.

This property is advertised in 3 offers from 3 different sellers. The gap between the cheapest and the dearest is 26,000 €. It has been listed for 89 days. The asking price has fallen by 26,000 € (8.8%) since it was first listed.

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

Pros and cons

AI summary
Pros
  • functional layout
  • east/west aspect
  • close to metro
  • renovated building
Cons
  • prefab panel construction

Questions for the viewing

Only on imotesa

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

  1. Which price is the real one, and who am I negotiating with?

    Because: The property appears in 3 listings, and the prices differ by about 9%.

  2. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 3 times — about 9% below the original asking price.

  3. Has the block been insulated under the renovation programme, and is there paperwork for it?

    Because: Prefabricated panel construction.

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

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

  5. Is there a lift in the building, and what condition is it in?

    Because: The property is on floor 7 and the listing does not mention a lift.

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
  • bedroom
  • bathroom
  • toilet
  • toilet
  • laundry room
  • terrace

Exposure

AI summary
EEast

Morning sun, cooler afternoons

WWest

Afternoon and evening sun

Details

Category
Residential
Rooms
3
Bathrooms
2

Location

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