+14% above market
median 1,674 €/m² for comparable properties
120,000 € 1,904 €/m²
Rent covers ~ 123% of the payment
~ 657 €/mo rent · pays for itself in ~ 15 yrs
Sale79,975 €1,269 €/m²
Expected rent657 € /mo
~25,500 € BELOW MARKET
good value
against the median for 2-room apartments in Madika (80 properties)
Area
63 m²
Floor
8 / 8
Construction
Brick
Year
2029
Yield analysis
Strong investment rating
Monthly payment355 €20% down payment · 20 yrs · 3%
Expected rent657 €at market conditions for the neighbourhood
The rent covers 185% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 10 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 25,500 € below the typical price (the median) for 2-room apartments in Madika (80 properties) — 1,269 €/m² against 1,674 €/m².
Apartment with two rooms in the Madika district, city of Burgas. It has a total area of about 64 sq m on the top eighth floor in a building with an elevator.
The layout includes functional rooms suitable for everyday use, without walk-through rooms.
The building is brick, built in 2029, equipped with an elevator and access control. Heating is electric.
Madika district offers access to essential services and transport, with the area being urbanized and suitable for living.
The property is suitable for families seeking convenience and modern conditions in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 355 €, against an expected local rent of 657 €. The rent covers the whole payment (185%).
Pros and cons
AI summaryPros
- functional layout
- elevator
- access control
- new-build
Cons
- top floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 24% below the average for comparable properties.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2029.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
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
- With Parking
- Access Control
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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