Sale

apartment in Blagoev, Elenovo 1

BlagoevElenovo 1
Published: 1 March 2026 Updated: 8 September 2026
Sale54,000 €1,588 €/m²
Expected rent522 € /mo

~16,500 € ABOVE MARKET

overpriced

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

Area
34 m²
Construction
Brick
Year
2012

Yield analysis

Strong investment rating

11.6% / yr
Monthly payment240 €20% down payment · 20 yrs · 3%
Expected rent522 €at market conditions for the neighbourhood

The rent covers 218% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 9 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 16,500 € above the typical price (the median) for apartments in Elenovo 1 (35 properties) — 1,588 €/m² against 1,108 €/m².

With 20% down over 20 years the monthly mortgage payment is about 240 €, against an expected local rent of 522 €. The rent covers the whole payment (218%).

Source: Market statistics for apartments in Elenovo 1

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Amenities

  • Access Control

Details

Category
Residential
Bathrooms
1
Furnishing
Yes

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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