Sale

Two-room apartment in Izgrev, Burgas with large terrace

BurgasIzgrev
Published: 4 July 2026 Updated: 4 September 2026
Sale124,000 €2,000 €/m²
Expected rent593 € /mo

AT MARKET LEVEL

fairly priced

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

Area
62 m²
Floor
4 / 8
Construction
Panel
Year
1980

Yield analysis

Fair investment rating

5.7% / yr
Monthly payment550 €20% down payment · 20 yrs · 3%
Expected rent593 €at market conditions for the neighbourhood

The rent covers 108% 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

1 change since listing▼ 0.8% · 1,000 €
  1. 125,000 €2 August 2026Initial price
  2. 124,000 €▼ 1,000 € (0.8%) 4 September 2026Price reducedCurrent

Property analysis

This apartment is priced at the typical price (the median) for 2-room apartments in Izgrev (167 properties) — 2,000 €/m² against 1,946 €/m².

The apartment is located in the Izgrev district, Burgas. It has an area of 62 sq m and is situated on the 4th floor of 8 in a prefab panel block. The layout includes an entrance hall, living room, kitchen, bedroom, bathroom with toilet, and a large terrace. The apartment has a west/south aspect, providing good natural light. The building was constructed in 1980 and has an elevator. The property is partially renovated but needs repair. The location is convenient, close to Grand Plaza mall, bus terminal, pharmacy, bakery, and park. This makes the property suitable for those seeking comfortable urban living with easy access to amenities. Overall, it is a balanced apartment with potential for improvement and a convenient location.

With 20% down over 20 years the monthly mortgage payment is about 550 €, against an expected local rent of 593 €. The rent covers the whole payment (108%).

The asking price has fallen by 1,000 € (0.8%) since it was first listed.

Source: Market statistics for 2-room apartments in Izgrev

Pros and cons

AI summary
Pros
  • large terrace
  • elevator
  • west/south aspect
  • close to urban amenities
Cons
  • prefab panel construction
  • needs repair

Questions for the viewing

Only on imotesa

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

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

    Because: Prefabricated panel construction.

  2. 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

  • entrance hall
  • living room
  • kitchen
  • bathroom
  • toilet
  • bedroom

Amenities

  • Elevator
  • Renovated

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

WWest

Afternoon and evening sun

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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