median 1,489 €/m² for comparable properties
Rent covers ~ 157% of the payment
~ 656 €/mo rent · pays for itself in ~ 12 yrs
AT MARKET LEVEL
fairly priced
against the median for 1-room apartments in Horizont (12 properties)
Strong investment rating
The rent covers 246% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 8 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 at the typical price (the median) for 1-room apartments in Horizont (12 properties) — 1,666 €/m² against 1,614 €/m².
One-room apartment with an area of 36 sq m, located in the district of Horizont, Burgas. The property is part of the new-build complex Smokinite 6, scheduled for completion in 2029.
The layout includes an entrance hall, living room with kitchen connections, bathroom, and terrace, providing functional use of the space. The apartment is on the 3rd floor of a total of 9, with elevator access.
The building is brick construction with planned modern amenities such as video surveillance, access control, and parking. The apartment is offered unfurnished and will be finished turnkey.
The location is 3 km from the sea and close to shopping centers, schools, and medical services, ensuring a convenient urban environment.
The property is suitable for year-round or seasonal use, combining the benefits of a gated complex with good infrastructure.
With 20% down over 20 years the monthly mortgage payment is about 266 €, against an expected local rent of 656 €. The rent covers the whole payment (246%).
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 2029.
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 1,489 €/m² for comparable properties
Rent covers ~ 157% of the payment
~ 656 €/mo rent · pays for itself in ~ 12 yrs
median 1,401 €/m² for comparable properties
Rent covers ~ 71% of the payment
~ 656 €/mo rent · you top up ~ 267 €/mo
median 1,489 €/m² for comparable properties
Rent covers ~ 164% of the payment
~ 656 €/mo rent · pays for itself in ~ 11 yrs
median 1,489 €/m² for comparable properties
Rent covers ~ 186% of the payment
~ 656 €/mo rent · pays for itself in ~ 10 yrs
median 1,566 €/m² for comparable properties
Rent covers ~ 117% of the payment
~ 656 €/mo rent · pays for itself in ~ 16 yrs
median 1,489 €/m² for comparable properties
Rent covers ~ 144% of the payment
~ 656 €/mo rent · pays for itself in ~ 13 yrs
median 1,401 €/m² for comparable properties
Rent covers ~ 42% of the payment
~ 656 €/mo rent · you top up ~ 897 €/mo
median 1,401 €/m² for comparable properties
Rent covers ~ 42% of the payment
~ 656 €/mo rent · you top up ~ 897 €/mo