+49% above market
median 2,026 €/m² for comparable properties
229,000 € 3,013 €/m²
Rent covers ~ 61% of the payment
~ 621 €/mo rent · you top up ~ 395 €/mo
Sale85,000 €1,888 €/m²
Expected rent730 € /mo
~10,000 € ABOVE MARKET
above market
against the median for 1-room apartments in Slaveikov (22 properties)
Area
45 m²
Floor
15 / 16
Construction
Brick
Year
1980
Heating
District Heating
Yield analysis
Strong investment rating
Monthly payment377 €20% down payment · 20 yrs · 3%
Expected rent730 €at market conditions for the neighbourhood
The rent covers 194% 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 10,000 € above the typical price (the median) for 1-room apartments in Slaveikov (22 properties) — 1,888 €/m² against 1,672 €/m².
One-room apartment in the city of Burgas, district Slaveykov, located in an insulated block. The property is on the 15th floor of 16 with an elevator.
The layout includes a corridor, living room with a designated kitchen on the terrace, bathroom with toilet, and a storage-closet, with the possibility to convert into a two-room apartment. The apartment is non-walk-through with a southeast aspect and offers a sea view.
The building is brick from 1980, with district heating and an insulated facade, providing better thermal insulation. There is a basement storage room for additional storage.
The location is near Mirage Hotel, in a well-developed residential area with convenient access to city infrastructure.
The property is suitable for people looking for housing with potential for conversion and sea view in the central part of Burgas.
With 20% down over 20 years the monthly mortgage payment is about 377 €, against an expected local rent of 730 €. The rent covers the whole payment (194%).
Source: Market statistics for 1-room apartments in Slaveikov
Pros and cons
AI summaryPros
- insulated block
- elevator
- sea view
- non-walk-through
Cons
- 15th floor
- built 1980
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
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
- corridor
- living room
- bedroom
- bathroom
Amenities
- Elevator
Exposure
AI summarySSouth
Maximum sunlight throughout the day
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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