Sale

Two-room apartment in Izgrev, Burgas with terrace

BurgasIzgrev
Published: 6 July 2026 Updated: 9 September 2026
Sale119,000 €2,051 €/m²
Expected rent593 € /mo

AT MARKET LEVEL

fairly priced

against the median for 2-room apartments in Izgrev (167 properties)

Area
58 m²
Floor
8 / 16
Construction
Panel
Year
1980

Yield analysis

Fair investment rating

6% / yr
Monthly payment528 €20% down payment · 20 yrs · 3%
Expected rent593 €at market conditions for the neighbourhood

The rent covers 112% 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.

Price history

5 changes since listing▼ 2.4% · 3,000 €
  1. 125,000 €4 August 2026Initial price
  2. 125,000 €▲ 0 € (0%) 4 August 2026Price increased
  3. 127,000 €▲ 2,000 € (1.6%) 5 August 2026Price increased
  4. 121,000 €▼ 6,000 € (4.7%) 8 September 2026Price reduced
  5. 119,000 €▼ 2,000 € (1.7%) 8 September 2026Price reduced
  6. 122,000 €▲ 3,000 € (2.5%) 9 September 2026Price increasedCurrent

Property analysis

This apartment is priced at the typical price (the median) for 2-room apartments in Izgrev (167 properties) — 1,983 €/m² against 1,946 €/m².

A two-room apartment with an area of 58 sq m is offered in the Izgrev district, Burgas. The layout includes a living room with a kitchenette, bedroom, bathroom with toilet, entrance hall, and terrace. The property is located on the 8th floor of 16 in a prefab panel building with an elevator. The building was constructed in 1980 and has Act 16. The location is convenient with access to shops, schools, and public transport. The property is suitable both for personal use and as an investment for rental purposes.

With 20% down over 20 years the monthly mortgage payment is about 528 €, against an expected local rent of 593 €. The rent covers the whole payment (112%).

This property is advertised in 4 offers from 4 different sellers. The gap between the cheapest and the dearest is 16,000 €. It has been listed for 88 days. The asking price has fallen by 3,000 € (2.4%) since it was first listed.

Source: Market statistics for 2-room apartments in Izgrev

Pros and cons

AI summary
Pros
  • functional layout
  • elevator
  • terrace
  • good location
Cons
  • prefab panel construction
  • high floor

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. Which price is the real one, and who am I negotiating with?

    Because: The property appears in 4 listings, and the prices differ by about 12%.

  2. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 2 times — about 2% below the original asking price.

  3. Has the block been insulated under the renovation programme, and is there paperwork for it?

    Because: Prefabricated panel construction.

  4. Have the risers been replaced, and when was the roof last repaired?

    Because: The building dates from 1980 — about 46 years old.

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

Details

Category
Residential
Rooms
2
Bathrooms
1
Furnishing
Yes

Location

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