Sale

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

SofiaGeo Milev

Published: 5 February 2026 Updated: 15 July 2026

Sale280,000 €3,111 €/m²

Expected rent870 € /mo

AT MARKET LEVEL

fairly priced

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

Area

90 m²

Floor

4 / 5

Construction

Brick

Year

1970

Heating

District Heating

Yield analysis

Low investment rating

3.7% / yr

Monthly payment1,242 €20% down payment · 20 yrs · 3%

Expected rent870 €at market conditions for the neighbourhood

The rent covers 70% of the payment — you top up about 372 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 27 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) — 3,111 €/m² against 3,237 €/m².

The offered three-room apartment is located in a brick building from 1970 in the Geo Milev district of Sofia. The property has a total floor area of 90 sq m and is situated on the 4th of 5 floors. The building is insulated and has maintained common areas. The apartment includes a corridor, living room, two separate rooms, kitchen, bathroom, and separate toilet. There are two terraces – a loggia connected to the bedroom and a terrace connected to the kitchen, with south, west, and north aspects. The view overlooks an inter-block space with plenty of greenery. The property also includes a winter storage room. The location is close to a future metro station on Nikolay Kopernik St, which may facilitate public transport. The apartment is in need of full renovation, allowing customization according to the new owner's needs.

With 20% down over 20 years the monthly mortgage payment is about 1,242 €, against an expected local rent of 870 €. The rent covers 70% of it.

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

Pros and cons

AI summary

Pros

insulated building
two terraces
close to future metro station
green surroundings

Cons

needs full renovation
north aspect

Questions for the viewing

Only on imotesa

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

What feedback have previous viewers given?
Because: We have been tracking this listing for about 240 days.
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.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1970 — about 56 years old.
Is there a lift in the building, and what condition is it in?
Because: The property is on floor 4 and the listing does not mention a lift.