−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
Sale79,000 €1,755 €/m²
Expected rent638 € /mo
AT MARKET LEVEL
fairly priced
against the median for apartments in Izgrev (327 properties)
Area
45 m²
Floor
7 / 8
Construction
Panel
Year
1980
Heating
District Heating
Yield analysis
Strong investment rating
Monthly payment351 €20% down payment · 20 yrs · 3%
Expected rent638 €at market conditions for the neighbourhood
The rent covers 182% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 10 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 at the typical price (the median) for apartments in Izgrev (327 properties) — 1,755 €/m² against 1,893 €/m².
Studio with an area of 45 sq m, located in the Izgrev residential complex, Burgas. The property is on the 7th floor of 8 in a prefab panel block from 1980.
The layout includes an entrance hall, large living room with terrace, kitchen with enclosed terrace, bathroom with toilet and laundry room. The apartment has PVC windows and partial furnishing.
The building is prefab panel construction with a working elevator and maintained common areas. Heating is by district heating and air conditioning, and the property needs renovation.
The location offers convenient access to public transport, proximity to a park, kindergarten and school, as well as free parking options in the area.
The property is suitable for personal use or investment with potential for rental after renovation.
With 20% down over 20 years the monthly mortgage payment is about 351 €, against an expected local rent of 638 €. The rent covers the whole payment (182%).
Pros and cons
AI summaryPros
- south aspect
- functional layout
- good location
- elevator
Cons
- needs renovation
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
What is the scope of the work, and are there hidden problems with the wiring or plumbing?
Because: The listing states that the property needs renovation.
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.
Layout
- entrance hall
- living room
- kitchen
- bathroom
Amenities
- Elevator
- With Parking
- Access Control
- Needs Renovation
Exposure
AI summarySSouth
Maximum sunlight throughout the day
Details
- Category
- Residential
- Rooms
- 1
- Bathrooms
- 1
- Furnishing
- Yes
Location
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