−15% below market
median 1,876 €/m² for comparable properties
130,000 € 1,604 €/m²
Rent covers ~ 128% of the payment
~ 740 €/mo rent · pays for itself in ~ 15 yrs
Sale150,000 €2,307 €/m²
Expected rent593 € /mo
~23,500 € ABOVE MARKET
above market
against the median for 2-room apartments in Izgrev (167 properties)
Area
65 m²
Floor
14 / 18
Construction
EPC
Year
1980
Yield analysis
Fair investment rating
Monthly payment666 €20% down payment · 20 yrs · 3%
Expected rent593 €at market conditions for the neighbourhood
The rent covers 89% of the payment — you top up about 73 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 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 23,500 € above the typical price (the median) for 2-room apartments in Izgrev (167 properties) — 2,307 €/m² against 1,946 €/m².
Apartment with three rooms, located in the Izgrev residential complex, Burgas, on the 14th floor of an 18-storey EPK prefab building. The property has an area of 65 sq m and includes an adjacent basement.
The layout is functional with a spacious living room, separate kitchen with an enclosed terrace, large bedroom and an additional small room suitable for a child’s room or office.
The building is insulated, equipped with an elevator, and the apartment is renovated and furnished, ready to move in.
The location is convenient, close to schools, kindergartens, shops, public transport and the Sea Garden.
The property is suitable both for permanent residence and as an investment for rental purposes.
With 20% down over 20 years the monthly mortgage payment is about 666 €, against an expected local rent of 593 €. The rent covers 89% of it.
This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 115 days.
Pros and cons
AI summaryPros
- panoramic sea view
- functional layout
- high floor
- insulated building
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.
Who am I negotiating with, and who is authorised to agree a price?
Because: The property appears in 2 listings at the same price.
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
- small room
- kitchen
- bedroom
Amenities
- Elevator
- Renovated
- Tax Credit Option
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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