Sale

Four-room apartment in Blagoevgrad, Elenovo 1 with two terraces

BlagoevElenovo 1
Published: 19 January 2026 Updated: 30 September 2026
Sale92,000 €920 €/m²
Expected rent522 € /mo

~19,000 € BELOW MARKET

good value

against the median for apartments in Elenovo 1 (35 properties)

Area
100 m²
Floor
5 / 10
Construction
Brick
Year
1970

Yield analysis

Good investment rating

6.8% / yr
Monthly payment408 €20% down payment · 20 yrs · 3%
Expected rent522 €at market conditions for the neighbourhood

The rent covers 128% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 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▼ 11.5% · 12,000 €
  1. 104,000 €5 March 2026Initial price
  2. 103,000 €▼ 1,000 € (1%) 18 March 2026Price reduced
  3. 92,000 €▼ 11,000 € (10.7%) 5 June 2026Price reducedCurrent

Property analysis

This apartment is priced about 19,000 € below the typical price (the median) for apartments in Elenovo 1 (35 properties) — 920 €/m² against 1,108 €/m².

4-room apartment in the town of Blagoevgrad, district Elenovo 1.
The layout includes two bathrooms, a laundry room and two terraces, providing convenience and additional space.
The building is brick from 1970, insulated and has an elevator and controlled access. The apartment is renovated and maintained, contributing to its good condition.
The location is in an established residential area with convenient access to urban infrastructure and green spaces.
The property is suitable for family use, combining functionality and comfort.

With 20% down over 20 years the monthly mortgage payment is about 408 €, against an expected local rent of 522 €. The rent covers the whole payment (128%).

This property is advertised in 4 offers. The gap between the cheapest and the dearest is 12,000 €. It has been listed for 360 days. The asking price has fallen by 12,000 € (11.5%) since it was first listed.

Source: Market statistics for apartments in Elenovo 1

Pros and cons

AI summary
Pros
  • two terraces
  • renovated
  • elevator
  • controlled access
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.

  1. Which price is the real one, and who am I negotiating with?

    Because: The property appears in 4 listings, and the prices differ by about 12%.

  2. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 17% below the average for comparable properties.

  3. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 2 times — about 12% below the original asking price.

  4. Have the risers been replaced, and when was the roof last repaired?

    Because: The building dates from 1970 — about 56 years old.

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

Amenities

  • Elevator
  • Access Control
  • Renovated
  • With Parking

Details

Category
Residential
Rooms
4
Bathrooms
2

Location

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