Spacious 2-room apartment in the Center of Burgas with large terrace

This apartment is priced about 214,500 € below the typical price (the median) for 2-room apartments in Centyr (40 properties) — 1,428 €/m² against 2,821 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

2-room apartment in the city of Burgas, Center, located on the first floor of a five-storey building from 2016 with Act 16.

The layout includes a large entrance hall, living room with kitchen area over 36 sq m, spacious bedroom of 22 sq m and two bathrooms with toilets, as well as a large terrace of 28 sq m facing an inner courtyard.

The building is brick, with an elevator and quality construction, and the property is finished to the level of plaster and screed, allowing for individual completion.

The location is close to Burgas Free University, the pedestrian zone of Aleksandrovska St and main city amenities, providing easy access and communication.

The property is suitable both for personal use as a spacious two-room or three-room after reconstruction, as well as for investment with the possibility to divide into two studios.

With 20% down over 20 years the monthly mortgage payment is about 976 €, against an expected local rent of 586 €. The rent covers 60% of it.

Source: Market statistics for 2-room apartments in Centyr