Sale

Two-room apartment with direct access to Grand Plaza Mall in Burgas

BurgasIzgrev
Published: 1 February 2026 Updated: 21 August 2026
Sale106,560 €1,614 €/m²
Expected rent593 € /mo

~22,000 € BELOW MARKET

good value

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

Area
66 m²
Floor
2 / 9
Construction
Brick

Yield analysis

Good investment rating

6.7% / yr
Monthly payment473 €20% down payment · 20 yrs · 3%
Expected rent593 €at market conditions for the neighbourhood

The rent covers 125% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 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▲ 4.4% · 4,473 €
  1. 102,087 €1 April 2026Initial price
  2. 106,560 €▲ 4,473 € (4.4%) 30 July 2026Price increasedCurrent

Property analysis

This apartment is priced about 22,000 € below the typical price (the median) for 2-room apartments in Izgrev (167 properties) — 1,614 €/m² against 1,946 €/m².

The offered two-room apartment is part of the new modern residential complex Grand Plaza Residences, located in the Izgrev district of Burgas. The complex features contemporary architecture and offers amenities such as green park areas, a gym, a sports field, and children's playgrounds, including direct access to the Grand Plaza Mall shopping center. The apartment is situated on the 5th floor of 9, with a total area of 73 sq m and is finished to a "shell and core" stage, allowing for individual completion. Underground and above-ground parking spaces are provided, as well as 24/7 video surveillance and access control, contributing to the residents' security. The maintenance fee is within the standard range for similar properties in the area.

With 20% down over 20 years the monthly mortgage payment is about 473 €, against an expected local rent of 593 €. The rent covers the whole payment (125%).

The asking price has risen by 4,473 € (4.4%) since it was first listed.

Source: Market statistics for 2-room apartments in Izgrev

Pros and cons

AI summary
Pros
  • direct mall access
  • modern residential complex
  • underground parking
  • green areas and sports facilities
Cons
  • shell and core finish
  • fifth floor without elevator (not specified)

Questions for the viewing

Only on imotesa

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

  1. What changed since the listing went up — a renovation, paperwork, something else?

    Because: The price is about 4% higher than when it was first advertised.

  2. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 17% below the average for comparable properties.

  3. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 243 days.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Amenities

  • Elevator

Details

Category
Residential
Rooms
2

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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