median 1,006 €/m² for comparable properties
Rent covers ~ 171% of the payment
~ 522 €/mo rent · pays for itself in ~ 11 yrs
~12,500 € ABOVE MARKET
above market
against the median for 3-room apartments in Elenovo 2 (24 properties)
Fair investment rating
The rent covers 98% of the payment — you top up about 10 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 19 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This apartment is priced about 12,500 € above the typical price (the median) for 3-room apartments in Elenovo 2 (24 properties) — 1,200 €/m² against 1,073 €/m².
Apartment with three rooms, located in the district of Elenovo 2 in the city of Blagoevgrad. The property is on the third floor of a five-storey building, built in 2024 from brick.
The internal layout includes a living room with dining area, two bedrooms, bathroom with toilet, entrance hall and terrace. The spaces are functionally organised and provide sufficient natural light thanks to the southwest aspect.
The building has a modern construction and quality materials such as TROCAL PVC joinery with six-chamber double glazing and Weber EPS 10 cm thermal insulation. There is an elevator, access control and parking space available. The apartment is delivered according to BDS standards with finished walls and ceilings, as well as air conditioning outlets in every room.
The location offers tranquility and amenities close to the urban infrastructure of Blagoevgrad, while also being part of a developing residential area.
The overall characteristics make the property suitable for family use with a focus on comfort and functionality in a new building.
With 20% down over 20 years the monthly mortgage payment is about 532 €, against an expected local rent of 522 €. The rent covers 98% of it.
Source: Market statistics for 3-room apartments in Elenovo 2
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,006 €/m² for comparable properties
Rent covers ~ 171% of the payment
~ 522 €/mo rent · pays for itself in ~ 11 yrs
median 1,073 €/m² for comparable properties
Rent covers ~ 120% of the payment
~ 522 €/mo rent · pays for itself in ~ 16 yrs
median 1,073 €/m² for comparable properties
Rent covers ~ 96% of the payment
~ 522 €/mo rent · you top up ~ 19 €/mo
median 1,073 €/m² for comparable properties
Rent covers ~ 146% of the payment
~ 522 €/mo rent · pays for itself in ~ 13 yrs
median 1,006 €/m² for comparable properties
Rent covers ~ 196% of the payment
~ 522 €/mo rent · pays for itself in ~ 10 yrs
median 1,073 €/m² for comparable properties
Rent covers ~ 119% of the payment
~ 522 €/mo rent · pays for itself in ~ 16 yrs
median 1,073 €/m² for comparable properties
Rent covers ~ 94% of the payment
~ 522 €/mo rent · you top up ~ 32 €/mo
median 1,006 €/m² for comparable properties
Rent covers ~ 182% of the payment
~ 522 €/mo rent · pays for itself in ~ 10 yrs