+42% above market
median 2,647 €/m² for comparable properties
600,000 € 3,750 €/m²
Rent covers ~ 26% of the payment
~ 680 €/mo rent · you top up ~ 1,982 €/mo
Sale145,000 €2,788 €/m²
Expected rent586 € /mo
AT MARKET LEVEL
fairly priced
against the median for 2-room apartments in Centyr (40 properties)
Area
52 m²
Floor
4 / 5
Construction
Brick
Year
2002
Yield analysis
Fair investment rating
Monthly payment643 €20% down payment · 20 yrs · 3%
Expected rent586 €at market conditions for the neighbourhood
The rent covers 91% of the payment — you top up about 57 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
1 change since listing▼ 3.3% · 5,000 €
- 150,000 €
- 145,000 €▼ 5,000 € (3.3%)
Property analysis
This apartment is priced at the typical price (the median) for 2-room apartments in Centyr (40 properties) — 2,788 €/m² against 2,821 €/m².
Two-room apartment with an area of 52 sq m, located in the center of Burgas on a quiet street near the Sea Garden and Bogoridi St.
The property has a functional layout with a living room and a second room, each with its own terrace facing different directions – southeast and northwest, providing natural light throughout the day.
The building is brick from 2002, the apartment is on the 4th of 5 floors without an elevator, being middle and warm. It includes a basement and an attic space.
The location offers conveniences such as proximity to schools, markets, eateries, and the Sea Garden, combining urban comfort with quietness.
The property is suitable for living or investment, offering a balance between functionality and location.
With 20% down over 20 years the monthly mortgage payment is about 643 €, against an expected local rent of 586 €. The rent covers 91% of it.
The asking price has fallen by 5,000 € (3.3%) since it was first listed.
Pros and cons
AI summaryPros
- two terraces
- dual aspect
- near Sea Garden
- brick construction
Cons
- no elevator
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Is there still room to negotiate?
Because: The price has been cut once, by about 3%.
Is there a lift in the building, and what condition is it in?
Because: The property is on floor 4 and the listing does not mention a lift.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living room
- room
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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