median 1,817 €/m² for comparable properties
Rent covers ~ 118% of the payment
~ 656 €/mo rent · pays for itself in ~ 16 yrs
~85,000 € BELOW MARKET
far below market
against the median for apartments in Burgas (2,985 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Strong investment rating
The rent covers 269% 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.
This apartment is priced about 85,000 € below the typical price (the median) for apartments in Burgas (2,985 properties) — 714 €/m² against 1,817 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Two-room apartment in the Cherno More district, Burgas.
The layout includes a bright living room, separate kitchen, bedroom, and bathroom with toilet, with a total area of 77 sq m, providing comfort and space.
The property is in a brick building constructed in 1970, located on the first floor of two, with no information about additional amenities.
The Cherno More district is a quiet and well-organized area with good infrastructure, suitable for year-round living and families.
The property is suitable for people looking for a functional and spacious home in a quiet area with convenient access to the urban environment.
With 20% down over 20 years the monthly mortgage payment is about 244 €, against an expected local rent of 656 €. The rent covers the whole payment (269%).
Derived from this specific property's data — not a generic checklist. Take them with you.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 61% below the average for comparable properties.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1970 — about 56 years old.
Is there damp, is there enough daylight, and what is the noise like?
Because: The property is on the first floor.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,817 €/m² for comparable properties
Rent covers ~ 118% of the payment
~ 656 €/mo rent · pays for itself in ~ 16 yrs
median 1,817 €/m² for comparable properties
Rent covers ~ 74% of the payment
~ 656 €/mo rent · you top up ~ 231 €/mo