+44% above market
median 2,788 €/m² for comparable properties
249,400 € 4,022 €/m²
Rent covers ~ 53% of the payment
~ 585 €/mo rent · you top up ~ 522 €/mo
Sale167,000 €3,036 €/m²
Expected rent585 € /mo
AT MARKET LEVEL
fairly priced
against the median for 2-room apartments in Centyr (43 properties)
Area
55 m²
Floor
0 / 6
Construction
Brick
Year
2008
Yield analysis
Fair investment rating
Monthly payment741 €20% down payment · 20 yrs · 3%
Expected rent585 €at market conditions for the neighbourhood
The rent covers 79% of the payment — you top up about 156 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 24 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 at the typical price (the median) for 2-room apartments in Centyr (43 properties) — 3,036 €/m² against 2,788 €/m².
The apartment is two-room and is located in the Center of Burgas. It has an area of 55 sq m and is situated on the ground floor of a 6-storey building. The internal layout includes a corridor, bedroom, living room with kitchen, and bathroom with toilet. The property was built in 2008 with brick construction and has an issued Act 16. The location is convenient, close to shops, eateries, a bus stop, and the Sea Garden. It is suitable for people seeking a home with easy access to urban infrastructure. The property is ready to move in, facilitating quick occupancy.
With 20% down over 20 years the monthly mortgage payment is about 741 €, against an expected local rent of 585 €. The rent covers 79% of it.
Pros and cons
AI summaryPros
- functional layout
- close to Sea Garden
- brick construction
- ready to move in
Cons
- ground floor
Layout
- bedroom
- living room with kitchen
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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