Sale

Multi-room apartment with garage in Balarbashi, Blagoevgrad

BlagoevBalarbashi

Published: 7 January 2026 Updated: 10 September 2026

Sale226,000 €1,558 €/m²

Expected rent522 € /mo

~58,500 € ABOVE MARKET

overpriced

against the median for apartments in Balarbashi (14 properties)

Area

145 m²

Floor

3 / 4

Construction

Brick

Year

2010

Yield analysis

Low investment rating

2.8% / yr

Monthly payment1,003 €20% down payment · 20 yrs · 3%

Expected rent522 €at market conditions for the neighbourhood

The rent covers 52% of the payment — you top up about 481 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 36 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

3 changes since listing▼ 16.7% · 35,000 €

210,000 €3 March 2026Initial price
200,000 €▼ 10,000 € (4.8%) 28 March 2026Price reduced
195,000 €▼ 5,000 € (2.5%) 2 June 2026Price reduced
175,000 €▼ 20,000 € (10.3%) 3 August 2026Price reducedCurrent

Property analysis

This apartment is priced about 58,500 € above the typical price (the median) for apartments in Balarbashi (14 properties) — 1,558 €/m² against 1,155 €/m².

4-room apartment in the city of Blagoevgrad, district Balarbashi. It has an area of 145 sq m, including a garage of 20 sq m.

The layout includes a living room with kitchenette, three bedrooms, a bathroom with toilet, a laundry room, and two terraces, providing good functionality and convenience.

The property is in a brick building from 2010, located on the third floor of four and is part of a gated complex with a limited number of apartments.

The location offers tranquility and privacy thanks to the small number of neighbours and the availability of parking.

Suitable for families seeking a spacious and well-organised home in a quiet area with parking facilities and security.

With 20% down over 20 years the monthly mortgage payment is about 1,003 €, against an expected local rent of 522 €. The rent covers 52% of it.

The asking price has fallen by 35,000 € (16.7%) since it was first listed.

Source: Market statistics for apartments in Balarbashi

Pros and cons

AI summary

Pros

functional layout
garage / parking space
gated complex
brick construction

Cons

We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

Is there still room to negotiate, and why has it not sold yet?
Because: The price has been cut 3 times — about 17% below the original asking price.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 269 days.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.