Sale

3-bedroom apartment in Blagoevgrad, Elenovo 1

BlagoevgradElenovo 1
Published: 2 September 2026 Updated: 2 September 2026
Sale199,000 €1,950 €/m²
Expected rent469 € /mo

~77,000 € ABOVE MARKET

overpriced

against the median for apartments in Elenovo 1 (15 properties)

Area
102 m²
Floor
3 / 5
Construction
Brick
Year
2023
Heating
District Heating

Yield analysis

Low investment rating

2.8% / yr
Monthly payment883 €20% down payment · 20 yrs · 3%
Expected rent469 €at market conditions for the neighbourhood

The rent covers 53% of the payment — you top up about 414 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 35 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 77,000 € above the typical price (the median) for apartments in Elenovo 1 (15 properties) — 1,950 €/m² against 1,198 €/m².

With 20% down over 20 years the monthly mortgage payment is about 883 €, against an expected local rent of 469 €. The rent covers 53% of it.

Source: Market statistics for apartments in Elenovo 1

Amenities

  • Elevator
  • With Parking
  • Video Surveillance

Details

Category
Residential
Rooms
3
Furnishing
Yes

Approximate location

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

Similar properties nearby