+22% above market
median 1,671 €/m² for comparable properties
112,500 € 2,045 €/m²
Rent covers ~ 132% of the payment
~ 657 €/mo rent · pays for itself in ~ 14 yrs
Sale117,000 €1,671 €/m²
Expected rent657 € /mo
AT MARKET LEVEL
fairly priced
against the median for 2-room apartments in Madika (79 properties)
Area
70 m²
Floor
8 / 8
Construction
Brick
Year
2025
Yield analysis
Good investment rating
Monthly payment519 €20% down payment · 20 yrs · 3%
Expected rent657 €at market conditions for the neighbourhood
The rent covers 127% 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.
Price history
3 changes since listing▼ 5.6% · 7,000 €
- 124,000 €
- 120,000 €▼ 4,000 € (3.2%)
- 119,000 €▼ 1,000 € (0.8%)
- 117,000 €▼ 2,000 € (1.7%)
Property analysis
This apartment is priced at the typical price (the median) for 2-room apartments in Madika (79 properties) — 1,671 €/m² against 1,671 €/m².
This is a two-room apartment with an area of 70 sq m, located in the Madika district, Burgas. The layout includes functional rooms with large windows, providing natural light and a panoramic view of Burgas Lake. The property is in a new brick building from 2025, with an elevator and a parking space, which facilitates daily life. It is situated on the top 8th floor, close to main roads, schools, and commercial facilities. The property is suitable for people seeking convenient urban living with good infrastructure and a view.
With 20% down over 20 years the monthly mortgage payment is about 519 €, against an expected local rent of 657 €. The rent covers the whole payment (127%).
The asking price has fallen by 7,000 € (5.6%) since it was first listed.
Pros and cons
AI summaryPros
- functional layout
- panoramic view
- new-build
- elevator and parking space
Cons
- top floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Is there still room to negotiate, and why has it not sold yet?
Because: The price has been cut 3 times — about 6% below the original asking price.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2025.
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
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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