+20% above market
median 1,814 €/m² for comparable properties
120,000 € 2,181 €/m²
Rent covers ~ 101% of the payment
~ 539 €/mo rent · pays for itself in ~ 19 yrs
Sale83,500 €1,670 €/m²
Expected rent351 € /mo
~8,000 € BELOW MARKET
good value
against the median for 1-room apartments in Sarafovo (55 properties)
Area
50 m²
Construction
Brick
Year
2011
Heating
Local Heating
Yield analysis
Fair investment rating
Monthly payment370 €20% down payment · 20 yrs · 3%
Expected rent351 €at market conditions for the neighbourhood
The rent covers 95% of the payment — you top up about 19 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 20 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 8,000 € below the typical price (the median) for 1-room apartments in Sarafovo (55 properties) — 1,670 €/m² against 1,825 €/m².
Apartment with an area of 50 sq m in the Sarafovo district, Burgas, about 150 meters from the sea shore.
Layout: spacious living area, kitchenette, bathroom, and storage space, with the possibility to convert into a two-room apartment.
The building was constructed of brick in 2011, the apartment is renovated and has Act 16, with no maintenance fee.
The location is close to the sea and offers convenient access, with the ground floor facilitating use by different age groups.
The property is suitable both for personal use and as an investment with potential for rental or conversion.
With 20% down over 20 years the monthly mortgage payment is about 370 €, against an expected local rent of 351 €. The rent covers 95% of it.
Pros and cons
AI summaryPros
- spacious area
- ground floor
- near the sea
- no maintenance fee
Cons
- ground floor
Layout
- studio 50 sq m
Amenities
- Renovated
Details
- Category
- Residential
- Rooms
- 1
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
+22% above market
median 1,897 €/m² for comparable properties
249,990 € 2,314 €/m²
Rent covers ~ 77% of the payment
~ 859 €/mo rent · you top up ~ 250 €/mo
At market level
median 1,825 €/m² for comparable properties
55,000 € 1,774 €/m²
Rent covers ~ 144% of the payment
~ 351 €/mo rent · pays for itself in ~ 13 yrs
At market level
median 1,825 €/m² for comparable properties
55,000 € 1,774 €/m²
Rent covers ~ 144% of the payment
~ 351 €/mo rent · pays for itself in ~ 13 yrs
At market level
median 1,825 €/m² for comparable properties
80,000 € 1,904 €/m²
Rent covers ~ 99% of the payment
~ 351 €/mo rent · you top up ~ 4 €/mo
At market level
median 1,814 €/m² for comparable properties
215,000 € 1,791 €/m²
Rent covers ~ 57% of the payment
~ 539 €/mo rent · you top up ~ 415 €/mo
At market level
median 1,814 €/m² for comparable properties
155,000 € 1,937 €/m²
Rent covers ~ 78% of the payment
~ 539 €/mo rent · you top up ~ 149 €/mo
+40% above market
median 1,897 €/m² for comparable properties
239,000 € 2,655 €/m²
Rent covers ~ 81% of the payment
~ 859 €/mo rent · you top up ~ 201 €/mo