Sale

Three-room apartment with modern architecture in Izgrev, Burgas

BurgasIzgrev
Published: 10 February 2026 Updated: 2 October 2026
Sale123,597 €1,564 €/m²
Expected rent593 € /mo

~30,000 € BELOW MARKET

good value

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

Area
79 m²
Floor
4 / 9
Construction
Brick

Yield analysis

Fair investment rating

5.8% / yr
Monthly payment548 €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

2 changes since listing▲ 1.4% · 1,741 €
  1. 123,597 €1 April 2026Initial price
  2. 128,611 €▲ 5,014 € (4.1%) 20 August 2026Price increased
  3. 125,338 €▼ 3,273 € (2.5%) 2 October 2026Price reducedCurrent

Property analysis

This apartment is priced about 30,000 € below the typical price (the median) for 2-room apartments in Izgrev (167 properties) — 1,564 €/m² against 1,946 €/m².

The offered three-room apartment is part of the gated residential complex Grand Plaza Residences, located in the Izgrev district of Burgas. The complex features modern architecture and offers various amenities such as green park areas, a gym, a sports court, and children's playgrounds. The apartment is on the top floor (9/9) of a brick building and is offered in a 'shell' finish, allowing for interior customization. The complex has controlled access and video surveillance, as well as underground and above-ground parking. The location provides direct access to the Grand Plaza Mall with over 90 shops and services, contributing to residents' convenience.

With 20% down over 20 years the monthly mortgage payment is about 548 €, against an expected local rent of 593 €. The rent covers the whole payment (108%).

This property is advertised in 3 offers from 2 different sellers. The gap between the cheapest and the dearest is 7,240 €. It has been listed for 234 days. The asking price has risen by 1,741 € (1.4%) since it was first listed.

Source: Market statistics for 2-room apartments in Izgrev

Pros and cons

AI summary
Pros
  • modern complex
  • direct mall access
  • green spaces
  • controlled access
Cons
  • top floor
  • shell finish

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 1% higher than when it was first advertised.

  2. Which price is the real one, and who am I negotiating with?

    Because: The property appears in 3 listings, and the prices differ by about 6%.

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

    Because: The price per m² is about 20% below the average for comparable properties.

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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