median 1,677 €/m² for comparable properties
Rent covers ~ 140% of the payment
~ 648 €/mo rent · pays for itself in ~ 13 yrs
AT MARKET LEVEL
fairly priced
against the median for 2-room apartments in Madika (75 properties)
Good investment rating
The rent covers 128% 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.
This apartment is priced at the typical price (the median) for 2-room apartments in Madika (75 properties) — 1,727 €/m² against 1,677 €/m².
Two-room apartment with an area of 66 sq m, located in the Madika district of Burgas. The property is on the 6th floor of a 7-storey building with an elevator.
The layout includes a living room with kitchen, bedroom, utility room, bathroom with WC, corridor and terrace. The aspect is southeast, providing good daylight and warmth.
The building is new-build from 2024, constructed with brick materials and offers modern amenities such as an elevator. The apartment is finished to 'shell and core' level, allowing for individual completion.
The location is convenient, close to LIDL store, Slaveykov bus terminal, sports centre, children's centre and hospital. This makes the property suitable for permanent residence or investment for rental.
The property represents a balanced solution for urban living with good functionality and access to infrastructure.
With 20% down over 20 years the monthly mortgage payment is about 506 €, against an expected local rent of 648 €. The rent covers the whole payment (128%).
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,677 €/m² for comparable properties
Rent covers ~ 140% of the payment
~ 648 €/mo rent · pays for itself in ~ 13 yrs
median 1,677 €/m² for comparable properties
Rent covers ~ 133% of the payment
~ 648 €/mo rent · pays for itself in ~ 14 yrs
median 1,492 €/m² for comparable properties
Rent covers ~ 86% of the payment
~ 648 €/mo rent · you top up ~ 106 €/mo
median 1,677 €/m² for comparable properties
Rent covers ~ 125% of the payment
~ 648 €/mo rent · pays for itself in ~ 15 yrs
median 1,677 €/m² for comparable properties
Rent covers ~ 88% of the payment
~ 648 €/mo rent · you top up ~ 88 €/mo
median 1,677 €/m² for comparable properties
Rent covers ~ 95% of the payment
~ 648 €/mo rent · you top up ~ 33 €/mo
median 1,677 €/m² for comparable properties
Rent covers ~ 107% of the payment
~ 648 €/mo rent · pays for itself in ~ 18 yrs
median 1,677 €/m² for comparable properties
Rent covers ~ 104% of the payment
~ 648 €/mo rent · pays for itself in ~ 18 yrs