Sale

Three-room apartment with panoramic terrace in Elenovo, Blagoevgrad

BlagoevgradElenovo 1

Published: 30 September 2026 Updated: 1 October 2026

Sale84,000 €988 €/m²

Expected rent464 € /mo

~18,000 € BELOW MARKET

good value

against the median for apartments in Elenovo 1 (13 properties)

Area

85 m²

Floor

5 / 5

Construction

Brick

Yield analysis

Good investment rating

6.5% / yr

Monthly payment373 €20% down payment · 20 yrs · 3%

Expected rent464 €at market conditions for the neighbourhood

The rent covers 125% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

1 change since listing▼ 1.2% · 1,000 €

85,000 €30 September 2026Initial price
84,000 €▼ 1,000 € (1.2%) 1 October 2026Price reducedCurrent

Property analysis

This apartment is priced about 18,000 € below the typical price (the median) for apartments in Elenovo 1 (13 properties) — 1,000 €/m² against 1,198 €/m².

Three-room apartment in the district of Elenovo 1, city of Blagoevgrad, located on the top floor.
The layout includes two bedrooms, a living room with kitchenette, corridor, and a large terrace with panoramic views.
The building is brick from 2010, equipped with an elevator and includes a basement storage room for the apartment.
The location is close to a school and amenities, in the central part of the district.
Suitable for family living with good functionality and access to urban infrastructure.

With 20% down over 20 years the monthly mortgage payment is about 373 €, against an expected local rent of 464 €. The rent covers the whole payment (125%).

The asking price has fallen by 1,000 € (1.2%) since it was first listed.

Source: Market statistics for apartments in Elenovo 1

Pros and cons

AI summary

Pros

panoramic terrace
elevator
included basement storage
functional layout

Cons

top floor

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 17% below the average for comparable properties.
Is there still room to negotiate?
Because: The price has been cut once, by about 1%.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.