Sale

One-room apartment in Zornitsa, Burgas on top floor

BurgasZornica
Published: 1 June 2026 Updated: 14 September 2026
Sale65,000 €1,756 €/m²
Expected rent743 € /mo

~18,000 € BELOW MARKET

good value

against the median for apartments in Zornica (129 properties)

Area
37 m²
Floor
8 / 8
Construction
Panel
Year
1980

Yield analysis

Strong investment rating

13.7% / yr
Monthly payment288 €20% down payment · 20 yrs · 3%
Expected rent743 €at market conditions for the neighbourhood

The rent covers 258% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 7 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

3 changes since listing▼ 18.8% · 15,000 €
  1. 80,000 €20 June 2026Initial price
  2. 70,000 €▼ 10,000 € (12.5%) 8 July 2026Price reduced
  3. 68,000 €▼ 2,000 € (2.9%) 9 July 2026Price reduced
  4. 65,000 €▼ 3,000 € (4.4%) 7 August 2026Price reducedCurrent

Property analysis

This apartment is priced about 18,000 € below the typical price (the median) for apartments in Zornica (129 properties) — 1,756 €/m² against 2,244 €/m².

One-room apartment in the district of Zornitsa, city of Burgas.

It has a total area of 37 sq m and is located on the 8th floor of a prefab panel block. The internal layout is compact, suitable for one person or a couple.

The building is prefab panel from 1980, with the apartment in need of renovation and currently no working central heating. There is an elevator and a lockable floor. A paid roof repair is planned.

The location is close to the District Hospital, providing convenient access to healthcare services and urban infrastructure.

The property is suitable for those seeking a budget option with potential for renovation and investment in the Zornitsa area.

With 20% down over 20 years the monthly mortgage payment is about 288 €, against an expected local rent of 743 €. The rent covers the whole payment (258%).

The asking price has fallen by 15,000 € (18.8%) since it was first listed.

Source: Market statistics for apartments in Zornica

Pros and cons

AI summary
Pros
  • working elevator
  • lockable floor
  • close to hospital
Cons
  • needs renovation
  • central heating off
  • top floor

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 22% below the average for comparable properties.

  2. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 3 times — about 19% below the original asking price.

  3. 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.

  4. Has the block been insulated under the renovation programme, and is there paperwork for it?

    Because: Prefabricated panel construction.

  5. 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

  • room

Amenities

  • Needs Renovation

Details

Category
Residential
Rooms
1

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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