Sale

Three-room apartment in Geo Milev with large terrace

SofiaGeo Milev
Published: 1 October 2026 Updated: 1 October 2026
Sale390,000 €4,193 €/m²
Expected rent870 € /mo

~89,000 € ABOVE MARKET

overpriced

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

Area
93 m²
Floor
3 / 5
Construction
Brick
Year
1997
Heating
District Heating

Yield analysis

Low investment rating

2.7% / yr
Monthly payment1,730 €20% down payment · 20 yrs · 3%
Expected rent870 €at market conditions for the neighbourhood

The rent covers 50% of the payment — you top up about 860 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 37 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 89,000 € above the typical price (the median) for 3-room apartments in Geo Milev (63 properties) — 4,193 €/m² against 3,237 €/m².

Apartment with three rooms in the Geo Milev district, Sofia. It is located on the third floor of a five-storey brick building, built in 1997.

The layout includes a living room of about 28 sq m, two separate bedrooms, a bathroom with toilet, a separate toilet, and a terrace of about 10 sq m. The apartment is non-walk-through and offers a functional layout.

The building is brick, and the apartment has been renovated with new installations, Trocal windows, and quality flooring. It has updated plumbing and electrical installations, as well as a Daikin air conditioning system.

The location is convenient, within walking distance to Serdika Mall and a future metro station, providing good access to urban infrastructure.

The property is suitable for people looking for a home with good layout and modern improvements in the central part of Sofia.

With 20% down over 20 years the monthly mortgage payment is about 1,730 €, against an expected local rent of 870 €. The rent covers 50% of it.

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

Pros and cons

AI summary
Pros
  • functional layout
  • large terrace
  • quality materials
  • renovated
Cons
  • no elevator

Layout

  • living room about 28 sq m
  • bedroom 11 sq m
  • bedroom 17 sq m

Amenities

  • Access Control
  • Renovated

Details

Category
Residential
Rooms
3
Bathrooms
2

Approximate location

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

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