−31% below market
median 1,876 €/m² for comparable properties
190,320 € 1,294 €/m²
Rent covers ~ 88% of the payment
~ 740 €/mo rent · you top up ~ 104 €/mo
Sale85,000 €2,125 €/m²
Expected rent638 € /mo
~9,500 € ABOVE MARKET
above market
against the median for apartments in Izgrev (327 properties)
Area
40 m²
Floor
2 / 8
Construction
Panel
Year
1980
Yield analysis
Strong investment rating
Monthly payment377 €20% down payment · 20 yrs · 3%
Expected rent638 €at market conditions for the neighbourhood
The rent covers 169% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 11 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 9,500 € above the typical price (the median) for apartments in Izgrev (327 properties) — 2,125 €/m² against 1,893 €/m².
Apartment with one room in the Izgrev district, Burgas. It is located on the 2nd floor of an eight-storey prefab panel building with an elevator.
The property has a practical layout with an entrance hall, separate kitchen, bedroom, and bathroom with toilet. The area is 40 sq m, suitable for one person or a couple.
The building dates from 1980, prefab panel construction, and the apartment is in need of renovation. The window frames on the terrace to the living room have been replaced, and there is potential for remodeling.
The location is convenient, close to a bus stop, commercial facilities such as Grand Plaza mall and Arena sports hall. The surroundings offer basic amenities and urban infrastructure.
The property is suitable for people looking for a functional home in the central part of Burgas with the possibility of updating according to personal preferences.
With 20% down over 20 years the monthly mortgage payment is about 377 €, against an expected local rent of 638 €. The rent covers the whole payment (169%).
Pros and cons
AI summaryPros
- elevator
- functional layout
- east/south aspect
- close to transport
Cons
- prefab panel construction
- needs renovation
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 years old.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Amenities
- Elevator
Exposure
AI summarySSouth
Maximum sunlight throughout the day
EEast
Morning sun, cooler afternoons
Details
- Category
- Residential
- Rooms
- 1
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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