Four-room apartment with panoramic terrace in Geo Milev, Sofia

This apartment is priced about 42,000 € above the typical price (the median) for 4-room apartments in Geo Milev (26 properties) — 3,478 €/m² against 3,111 €/m².

Four-room apartment in the Geo Milev district, Sofia, located on the top 12th floor of a brick building from the late 1970s.
The property features an L-shaped corridor, living room, separate kitchen with dining area, three bedrooms, bathroom, toilet and two large terraces with a total area of about 50 sq m, which are not included in the main floor area of 115 sq m.
The building has well-maintained common areas, two elevators and access control, and the apartment includes a basement storage room and free parking options around the block.
The location is near the intersection of Geo Milev St and Sitnyakovo Blvd, in close proximity to a new metro station and green spaces between buildings.
The property requires refreshing or full renovation, allowing adaptation according to the needs of the new owner.

With 20% down over 20 years the monthly mortgage payment is about 1,775 €, against an expected local rent of 1,232 €. The rent covers 69% of it.

Source: Market statistics for 4-room apartments in Geo Milev