Sale

Two-room apartment in Elenovo 2, Blagoevgrad with additional room

BlagoevElenovo 2

Published: 3 April 2026 Updated: 2 October 2026

Sale69,000 €1,642 €/m²

Expected rent522 € /mo

~26,500 € ABOVE MARKET

overpriced

against the median for 2-room apartments in Elenovo 2 (22 properties)

Area

42 m²

Floor

7 / 7

Construction

Panel

Year

1997

Yield analysis

Strong investment rating

9.1% / yr

Monthly payment306 €20% down payment · 20 yrs · 3%

Expected rent522 €at market conditions for the neighbourhood

The rent covers 171% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 11 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 26,500 € above the typical price (the median) for 2-room apartments in Elenovo 2 (22 properties) — 1,642 €/m² against 1,006 €/m².

Apartment with two rooms, located in the district of Elenovo 2, city of Blagoevgrad. The property has a floor area of 42 sq m and is situated on the top, seventh floor of a prefab panel block with an elevator.

The layout includes a living room with kitchenette, separate bedroom, and bathroom with toilet, as well as an additional room on a second level that can be used as an office or children's room.

The building was constructed in 1997, prefab panel construction, with basic amenities and an elevator available. The apartment requires standard maintenance, with no visible serious structural issues.

The location offers tranquility and convenient access to shops, schools, and public transport within the district.

The property is suitable for personal use or investment considering the compact layout and additional space on the second level.

With 20% down over 20 years the monthly mortgage payment is about 306 €, against an expected local rent of 522 €. The rent covers the whole payment (171%).

Source: Market statistics for 2-room apartments in Elenovo 2

Pros and cons

AI summary

Pros

functional layout
elevator
additional room

Cons

top floor
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.

What feedback have previous viewers given?
Because: We have been tracking this listing for about 182 days.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.