Sale

apartment in Blagoev, Elenovo 2

BlagoevElenovo 2
Published: 6 March 2026 Updated: 4 September 2026
Sale87,000 €1,450 €/m²
Expected rent522 € /mo

~24,000 € ABOVE MARKET

overpriced

against the median for apartments in Elenovo 2 (52 properties)

Area
60 m²
Construction
Brick
Year
2008

Yield analysis

Good investment rating

7.2% / yr
Monthly payment386 €20% down payment · 20 yrs · 3%
Expected rent522 €at market conditions for the neighbourhood

The rent covers 135% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 14 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 24,000 € above the typical price (the median) for apartments in Elenovo 2 (52 properties) — 1,450 €/m² against 1,053 €/m².

With 20% down over 20 years the monthly mortgage payment is about 386 €, against an expected local rent of 522 €. The rent covers the whole payment (135%).

Source: Market statistics for apartments in Elenovo 2

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Amenities

  • Elevator

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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