+63% above market
median 1,006 €/m² for comparable properties
69,000 € 1,642 €/m²
Rent covers ~ 171% of the payment
~ 522 €/mo rent · pays for itself in ~ 11 yrs
Sale76,000 €1,407 €/m²
Expected rent522 € /mo
~21,500 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Elenovo 2 (22 properties)
Area
54 m²
Floor
2 / 6
Construction
Brick
Year
2016
Yield analysis
Strong investment rating
Monthly payment337 €20% down payment · 20 yrs · 3%
Expected rent522 €at market conditions for the neighbourhood
The rent covers 155% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 12 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 21,500 € above the typical price (the median) for 2-room apartments in Elenovo 2 (22 properties) — 1,407 €/m² against 1,006 €/m².
Two-room apartment in Blagoevgrad, Elenovo 2 district.
The layout includes a large living room with kitchen and bedroom, suitable for daily use and comfort.
The building dates from 2016, built with brick, featuring an elevator and parking space, and the property is renovated and equipped with internet.
The location is convenient and well-connected, close to essential services and transport links.
Suitable for those seeking a functional home with good infrastructure and comfort.
With 20% down over 20 years the monthly mortgage payment is about 337 €, against an expected local rent of 522 €. The rent covers the whole payment (155%).
Source: Market statistics for 2-room apartments in Elenovo 2
Pros and cons
AI summaryPros
- south aspect
- terrace
- elevator
- parking space
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room 54 sq m
- bedroom
Amenities
- Elevator
- With Parking
- Internet Connection
- Renovated
Exposure
AI summarySSouth
Maximum sunlight throughout the day
Details
- Category
- Residential
- Rooms
- 2
Location
Similar properties nearby
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median 1,073 €/m² for comparable properties
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Rent covers ~ 120% of the payment
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At market level
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