Sale

Three-room apartment with two terraces in Balarbashi, Blagoevgrad

BlagoevgradBalarbashi

Published: 3 September 2026 Updated: 3 September 2026

Sale100,000 €740 €/m²

Expected rent464 € /mo

~68,500 € BELOW MARKET

far below market

against the median for apartments in Balarbashi (11 properties)

A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

Area

135 m²

Construction

Brick

Year

2026

Yield analysis

Fair investment rating

5.6% / yr

Monthly payment444 €20% down payment · 20 yrs · 3%

Expected rent464 €at market conditions for the neighbourhood

The rent covers 105% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 18 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 68,500 € below the typical price (the median) for apartments in Balarbashi (11 properties) — 740 €/m² against 1,247 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

Apartment with three rooms and studio status, located in the Balarbashi district of Blagoevgrad. The property is part of a new brick building with Act 16 from 2026 and is situated on the third residential floor.

The layout includes an entrance hall, living room with kitchen, two bedrooms, bathroom with toilet, and two terraces with a total area of 70 sq m, providing additional space and outdoor relaxation opportunities.

The building is constructed with quality materials – thermal insulation, soundproofing, PVC windows, and prepared installation for underfloor heating and convectors. The common areas are finished and provide video surveillance and access control.

The location offers convenient access to the urban infrastructure of Blagoevgrad, while the area remains quiet and suitable for living. A parking space is included in the price, with an option to purchase a garage.

The property is suitable for family living or a combined residential and work environment thanks to its studio status and functional layout.

With 20% down over 20 years the monthly mortgage payment is about 444 €, against an expected local rent of 464 €. The rent covers the whole payment (105%).

Source: Market statistics for apartments in Balarbashi

Pros and cons

AI summary

Pros

two terraces
quality materials
access control
parking space included

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.

Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 41% below the average for comparable properties.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2026.

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