+57% above market
median 1,985 €/m² for comparable properties
229,000 € 3,013 €/m²
Rent covers ~ 55% of the payment
~ 559 €/mo rent · you top up ~ 457 €/mo
Sale89,000 €2,225 €/m²
Expected rent730 € /mo
~22,000 € ABOVE MARKET
overpriced
against the median for 1-room apartments in Slaveikov (22 properties)
Area
40 m²
Floor
7 / 8
Construction
Panel
Year
1980
Yield analysis
Strong investment rating
Monthly payment395 €20% down payment · 20 yrs · 3%
Expected rent730 €at market conditions for the neighbourhood
The rent covers 185% 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 about 22,000 € above the typical price (the median) for 1-room apartments in Slaveikov (22 properties) — 2,225 €/m² against 1,672 €/m².
The property is a one-room apartment in the city of Burgas, Slaveykov district. It has a total area of 40 sq m on the 7th floor of a prefab panel block with an elevator. The layout includes an entrance hall, living room with enclosed terrace, kitchen with enclosed terrace, and bathroom with toilet. The building was constructed in 1980, prefab panel structure, and the apartment is in need of renovation. The location is convenient, close to shops, a school, a park, and a bus stop. The apartment is suitable for those seeking a functional urban property with potential for refurbishment.
With 20% down over 20 years the monthly mortgage payment is about 395 €, against an expected local rent of 730 €. The rent covers the whole payment (185%).
Source: Market statistics for 1-room apartments in Slaveikov
Pros and cons
AI summaryPros
- functional layout
- elevator
- enclosed terrace
- east/south aspect
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.
Layout
- entrance hall
- living room
- kitchen
- bathroom
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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