−15% below market
median 1,980 €/m² for comparable properties
150,000 € 1,685 €/m²
Rent covers ~ 110% of the payment
~ 729 €/mo rent · pays for itself in ~ 17 yrs
Sale140,000 €2,978 €/m²
Expected rent729 € /mo
~60,000 € ABOVE MARKET
overpriced
against the median for 1-room apartments in Slaveikov (19 properties)
Area
47 m²
Floor
4 / 8
Construction
Panel
Heating
District Heating
Yield analysis
Good investment rating
Monthly payment621 €20% down payment · 20 yrs · 3%
Expected rent729 €at market conditions for the neighbourhood
The rent covers 117% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 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 60,000 € above the typical price (the median) for 1-room apartments in Slaveikov (19 properties) — 2,978 €/m² against 1,700 €/m².
One-room apartment in the Slaveykov district, city of Burgas.
The layout includes an entrance hall, living room, kitchen, bathroom with toilet, and two glazed terraces, providing convenience and additional space.
The property is in a prefab panel block on the fourth floor of eight, with an available elevator, but it needs renovation.
The location is close to a kindergarten and shops, which facilitates daily life.
Suitable for people looking for a functional property in a central urban environment with renovation potential.
With 20% down over 20 years the monthly mortgage payment is about 621 €, against an expected local rent of 729 €. The rent covers the whole payment (117%).
Source: Market statistics for 1-room apartments in Slaveikov
Pros and cons
AI summaryPros
- two glazed terraces
- elevator
- central location
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.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Amenities
- Elevator
- Needs Renovation
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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