AT MARKET LEVEL
fairly priced
against the median for 2-room apartments in Letishte Burgas (201 properties)
Yield analysis
Strong investment rating
The rent covers 179% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 11 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
5 changes since listing▼ 9.3% · 7,000 €
- 75,000 €
- 79,000 €▲ 4,000 € (5.3%)
- 75,000 €▼ 4,000 € (5.1%)
- 72,000 €▼ 3,000 € (4%)
- 68,000 €▼ 4,000 € (5.6%)
- 68,000 €▲ 0 € (0%)
Property analysis
This apartment is priced at the typical price (the median) for 2-room apartments in Letishte Burgas (201 properties) — 1,888 €/m² against 1,814 €/m².
2-room apartment in the Sarafovo district, Burgas city, close to Burgas airport and just 50 metres from the sea.
It features a functional layout and south aspect, providing good natural light.
The property is in a brick building on the third floor of five, with an available lift and has been renovated.
The area is quiet, with easy access to the beach and essential amenities in the district.
Suitable for those looking for a residence or holiday home near the sea with conveniences and a good location.
With 20% down over 20 years the monthly mortgage payment is about 302 €, against an expected local rent of 539 €. The rent covers the whole payment (179%).
This property is advertised in 3 offers from 2 different sellers. The gap between the cheapest and the dearest is 14,000 €. It has been listed for 181 days. The asking price has fallen by 7,000 € (9.3%) since it was first listed.
Source: Market statistics for 2-room apartments in Letishte Burgas
Pros and cons
AI summary- south aspect
- close to the sea
- lift
- renovated
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.
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 17%.
Is there still room to negotiate, and why has it not sold yet?
Because: The price has been cut 3 times — about 9% below the original asking price.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 181 days.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- bedroom
- living room
Amenities
- Elevator
- Renovated
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.