−14% below market
median 1,869 €/m² for comparable properties
130,000 € 1,604 €/m²
Rent covers ~ 128% of the payment
~ 740 €/mo rent · pays for itself in ~ 15 yrs
Sale155,000 €2,540 €/m²
Expected rent593 € /mo
~36,500 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Izgrev (167 properties)
Area
61 m²
Floor
0 / 6
Construction
Brick
Year
2010
Yield analysis
Fair investment rating
Monthly payment688 €20% down payment · 20 yrs · 3%
Expected rent593 €at market conditions for the neighbourhood
The rent covers 86% of the payment — you top up about 95 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 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 36,500 € above the typical price (the median) for 2-room apartments in Izgrev (167 properties) — 2,540 €/m² against 1,942 €/m².
Two-room apartment with an area of 61 sq m, located in Burgas city, Izgrev district.
The property has a functional layout with separate rooms, suitable for year-round living or renting out.
The building dates from 2010, constructed with brick materials, equipped with an elevator, video surveillance and security within a gated complex.
The location is convenient with proximity to shops, schools, transport and green areas in the vicinity.
A suitable choice for people seeking security and amenities in a preferred residential area of Burgas.
With 20% down over 20 years the monthly mortgage payment is about 688 €, against an expected local rent of 593 €. The rent covers 86% of it.
Pros and cons
AI summaryPros
- functional layout
- new-build
- elevator
- gated complex
Cons
- ground floor
Layout
- bedroom
- living room
Amenities
- Elevator
- Video Surveillance
- Security
- Gated Community
Details
- Category
- Residential
- Rooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
At market level
median 1,908 €/m² for comparable properties
215,000 € 2,009 €/m²
Rent covers ~ 67% of the payment
~ 637 €/mo rent · you top up ~ 317 €/mo
−16% below market
median 1,908 €/m² for comparable properties
195,000 € 1,598 €/m²
Rent covers ~ 74% of the payment
~ 637 €/mo rent · you top up ~ 228 €/mo
+10% above market
median 1,908 €/m² for comparable properties
360,000 € 2,105 €/m²
Rent covers ~ 40% of the payment
~ 637 €/mo rent · you top up ~ 960 €/mo
At market level
median 1,869 €/m² for comparable properties
193,500 € 1,915 €/m²
Rent covers ~ 86% of the payment
~ 740 €/mo rent · you top up ~ 119 €/mo
+17% above market
median 1,942 €/m² for comparable properties
145,000 € 2,265 €/m²
Rent covers ~ 92% of the payment
~ 593 €/mo rent · you top up ~ 50 €/mo
At market level
median 1,942 €/m² for comparable properties
131,500 € 1,905 €/m²
Rent covers ~ 102% of the payment
~ 593 €/mo rent · pays for itself in ~ 18 yrs
At market level
median 1,942 €/m² for comparable properties
150,000 € 2,027 €/m²
Rent covers ~ 89% of the payment
~ 593 €/mo rent · you top up ~ 73 €/mo