median 1,198 €/m² for comparable properties
Rent covers ~ 125% of the payment
~ 464 €/mo rent · pays for itself in ~ 15 yrs
~10,500 € BELOW MARKET
good value
against the median for apartments in Elenovo 1 (13 properties)
Good investment rating
The rent covers 116% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This apartment is priced about 10,500 € below the typical price (the median) for apartments in Elenovo 1 (13 properties) — 1,071 €/m² against 1,198 €/m².
Three-room apartment in Blagoevgrad, Elenovo district, located on the second floor of a new building from 2026 with Act 16.
The layout includes an entrance hall, spacious living room with kitchen and dining area, two separate bedrooms, bathroom with toilet, laundry room and terrace, providing convenience and functionality for a family.
The building is brick with an elevator and access control, the common areas are luxuriously finished, and the apartment has an adjacent basement for additional storage.
The location is in a quiet district with access to city infrastructure and the possibility of parking through the included parking space.
The property offers a balanced combination of comfort and practicality for family use in a new residential environment.
With 20% down over 20 years the monthly mortgage payment is about 399 €, against an expected local rent of 464 €. The rent covers the whole payment (116%).
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Derived from this specific property's data — not a generic checklist. Take them with you.
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.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,198 €/m² for comparable properties
Rent covers ~ 125% of the payment
~ 464 €/mo rent · pays for itself in ~ 15 yrs
median 1,198 €/m² for comparable properties
Rent covers ~ 123% of the payment
~ 464 €/mo rent · pays for itself in ~ 15 yrs
median 1,198 €/m² for comparable properties
Rent covers ~ 75% of the payment
~ 464 €/mo rent · you top up ~ 153 €/mo
median 1,198 €/m² for comparable properties
Rent covers ~ 77% of the payment
~ 464 €/mo rent · you top up ~ 139 €/mo
median 1,198 €/m² for comparable properties
Rent covers ~ 166% of the payment
~ 464 €/mo rent · pays for itself in ~ 11 yrs
median 1,198 €/m² for comparable properties
Rent covers ~ 91% of the payment
~ 464 €/mo rent · you top up ~ 46 €/mo
median 1,198 €/m² for comparable properties
Rent covers ~ 53% of the payment
~ 464 €/mo rent · you top up ~ 419 €/mo
median 1,198 €/m² for comparable properties
Rent covers ~ 152% of the payment
~ 464 €/mo rent · pays for itself in ~ 12 yrs