Sale

3-bedroom apartment in Blagoev, Elenovo 1

BlagoevElenovo 1

Published: 9 July 2025 Updated: 4 September 2026

Sale65,000 €1,015 €/m²

Expected rent522 € /mo

~7,500 € BELOW MARKET

good value

against the median for 3-room apartments in Elenovo 1 (23 properties)

Area

64 m²

Construction

Panel

Year

1990

Yield analysis

Strong investment rating

9.6% / yr

Monthly payment288 €20% down payment · 20 yrs · 3%

Expected rent522 €at market conditions for the neighbourhood

The rent covers 181% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 10 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

2 changes since listing▼ 2.2% · 1,467 €

66,467 €9 July 2025Initial price
66,600 €▲ 133 € (0.2%) 6 February 2026Price increased
65,000 €▼ 1,600 € (2.4%) 7 July 2026Price reducedCurrent

Property analysis

This apartment is priced about 7,500 € below the typical price (the median) for 3-room apartments in Elenovo 1 (23 properties) — 1,015 €/m² against 1,133 €/m².

With 20% down over 20 years the monthly mortgage payment is about 288 €, against an expected local rent of 522 €. The rent covers the whole payment (181%).

The asking price has fallen by 1,467 € (2.2%) since it was first listed.

Source: Market statistics for 3-room apartments in Elenovo 1

Questions for the viewing

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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 450 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.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.