Sale

Spacious 3-room apartment in Elenovo 1, Blagoevgrad with elevator

BlagoevgradElenovo 1
Published: 9 September 2026 Updated: 9 September 2026
Sale122,000 €1,060 €/m²
Expected rent469 € /mo

~16,000 € BELOW MARKET

good value

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

Area
115 m²
Floor
2 / 5
Construction
Brick

Yield analysis

Fair investment rating

4.6% / yr
Monthly payment541 €20% down payment · 20 yrs · 3%
Expected rent469 €at market conditions for the neighbourhood

The rent covers 87% of the payment — you top up about 72 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 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 16,000 € below the typical price (the median) for apartments in Elenovo 1 (15 properties) — 1,060 €/m² against 1,198 €/m².

Three-room apartment in the district of Elenovo 1, city of Blagoevgrad, located on the second floor of a five-storey building.

The layout includes a corridor, kitchen, dining room and living room, two separate bedrooms and a bathroom with toilet, providing functional use of the space.

The building is brick, with a working elevator and maintained common areas, and the apartment is renovated.

The location is close to the Eighth Primary School and offers conveniences for families in a preferred area.

Suitable for families seeking a comfortable and practical home with good location and amenities.

With 20% down over 20 years the monthly mortgage payment is about 541 €, against an expected local rent of 469 €. The rent covers 87% of it.

Source: Market statistics for apartments in Elenovo 1

Pros and cons

AI summary
Pros
  • functional layout
  • elevator
  • renovated apartment
Cons

We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.

Amenities

  • Elevator
  • Renovated

Details

Category
Residential
Rooms
3
Bathrooms
1

Approximate location

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

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