+19% above market
median 1,946 €/m² for comparable properties
150,000 € 2,307 €/m²
Rent covers ~ 89% of the payment
~ 593 €/mo rent · you top up ~ 73 €/mo
Sale225,000 €3,358 €/m²
Expected rent593 € /mo
~94,500 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Izgrev (167 properties)
Area
67 m²
Floor
12 / 13
Construction
Brick
Year
2024
Yield analysis
Low investment rating
Monthly payment998 €20% down payment · 20 yrs · 3%
Expected rent593 €at market conditions for the neighbourhood
The rent covers 59% of the payment — you top up about 405 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 32 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 94,500 € above the typical price (the median) for 2-room apartments in Izgrev (167 properties) — 3,358 €/m² against 1,946 €/m².
Two-room apartment with an area of 67 sq m, located in the district of Izgrev, Burgas. The property is situated on the 12th floor of 13 in a building with an elevator.
The layout includes a living room with kitchenette, separate bedroom, bathroom with toilet, laundry room, and terrace. The spaces are functionally organized, separating the rest and household areas.
The building is brick, and the apartment is offered unfurnished, allowing for individual design according to the needs of future owners.
Izgrev district offers convenient access to commercial outlets, services, transport, and proximity to the Sea Garden, providing a balanced urban lifestyle.
The property is suitable for those seeking a practical and well-laid-out city home with potential for personalization.
With 20% down over 20 years the monthly mortgage payment is about 998 €, against an expected local rent of 593 €. The rent covers 59% of it.
Pros and cons
AI summaryPros
- functional layout
- terrace
- elevator
- good location
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room with kitchenette 67 sq m
- bedroom
Amenities
- Elevator
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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