No market valuation
294,400 € 3,200 €/m²
No yield data
Appears once there's enough market data
Sale249,400 €4,022 €/m²
Expected rent586 € /mo
~76,500 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Centyr (43 properties)
Area
62 m²
Floor
3 / 5
Construction
Brick
Year
2016
Yield analysis
Low investment rating
Monthly payment1,107 €20% down payment · 20 yrs · 3%
Expected rent586 €at market conditions for the neighbourhood
The rent covers 53% of the payment — you top up about 521 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 35 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 76,500 € above the typical price (the median) for 2-room apartments in Centyr (43 properties) — 4,022 €/m² against 2,788 €/m².
Two-room apartment in Burgas city, Center district, on the third floor of a five-storey building with an elevator.
The layout includes a living room with kitchenette, bedroom, bathroom, entrance hall, and terrace, providing functional use of the space.
The building is brick from 2016, with maintained common areas and basic amenities such as an elevator. There is a storage room in the basement.
The location is close to the Sea Garden, pedestrian street, and numerous public services, facilitating daily life.
Suitable property for permanent residence or investment, combining convenience and urban environment.
With 20% down over 20 years the monthly mortgage payment is about 1,107 €, against an expected local rent of 586 €. The rent covers 53% of it.
Pros and cons
AI summaryPros
- functional layout
- elevator
- close to Sea Garden
- brick construction
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- entrance hall
- living room
- bedroom
- bathroom
- terrace
Amenities
- Elevator
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.
Similar properties nearby
−25% below market
median 2,788 €/m² for comparable properties
228,900 € 2,100 €/m²
Rent covers ~ 58% of the payment
~ 586 €/mo rent · you top up ~ 430 €/mo
At market level
median 2,647 €/m² for comparable properties
89,500 € 2,486 €/m²
Rent covers ~ 128% of the payment
~ 510 €/mo rent · pays for itself in ~ 15 yrs
−16% below market
median 2,500 €/m² for comparable properties
228,900 € 2,100 €/m²
Rent covers ~ 78% of the payment
~ 789 €/mo rent · you top up ~ 227 €/mo
−23% below market
median 2,647 €/m² for comparable properties
119,900 € 2,032 €/m²
Rent covers ~ 96% of the payment
~ 510 €/mo rent · you top up ~ 22 €/mo
−24% below market
median 2,500 €/m² for comparable properties
220,000 € 1,913 €/m²
Rent covers ~ 81% of the payment
~ 789 €/mo rent · you top up ~ 187 €/mo
−25% below market
median 2,788 €/m² for comparable properties
222,600 € 2,100 €/m²
Rent covers ~ 59% of the payment
~ 586 €/mo rent · you top up ~ 402 €/mo
+39% above market
median 2,500 €/m² for comparable properties
380,000 € 3,486 €/m²
Rent covers ~ 47% of the payment
~ 789 €/mo rent · you top up ~ 897 €/mo