+19% above market
median 1,946 €/m² for comparable properties
150,000 € 2,307 €/m²
Rent covers ~ 89% of the payment
~ 593 €/mo rent · you top up ~ 73 €/mo
Sale120,000 €2,264 €/m²
Expected rent593 € /mo
~17,000 € ABOVE MARKET
above market
against the median for 2-room apartments in Izgrev (167 properties)
Area
53 m²
Floor
8 / 16
Construction
EPC
Year
1980
Yield analysis
Fair investment rating
Monthly payment532 €20% down payment · 20 yrs · 3%
Expected rent593 €at market conditions for the neighbourhood
The rent covers 111% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 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 17,000 € above the typical price (the median) for 2-room apartments in Izgrev (167 properties) — 2,264 €/m² against 1,946 €/m².
Two-room apartment in Burgas, Izgrev district, located on the 8th floor of 16 in an insulated EPK prefab block.
The layout includes a living room with kitchenette, separate bedroom, and a shared enclosed terrace with sea view. The property also includes an additional storage room of 4 sq m.
The building was constructed in 1980, with maintained common areas, elevator, and controlled access. The apartment is renovated and offers all necessary amenities for comfortable living.
The location is close to a park, school, kindergarten, shops, and bus stops, providing convenience for daily needs.
The property is suitable both for permanent residence and as an investment with rental potential.
With 20% down over 20 years the monthly mortgage payment is about 532 €, against an expected local rent of 593 €. The rent covers the whole payment (111%).
Pros and cons
AI summaryPros
- functional layout
- sea view
- elevator
- close to park
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 years old.
Is there enough daylight during the day?
Because: The advertised exposure has no southern side.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living room
- bedroom
Amenities
- Elevator
- Access Control
- Renovated
- Tax Credit Option
Exposure
AI summaryEEast
Morning sun, cooler afternoons
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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