+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
Sale88,000 €1,257 €/m²
Expected rent657 € /mo
~29,000 € BELOW MARKET
good value
against the median for 2-room apartments in Madika (79 properties)
Area
70 m²
Floor
4 / 9
Construction
Brick
Yield analysis
Strong investment rating
Monthly payment390 €20% down payment · 20 yrs · 3%
Expected rent657 €at market conditions for the neighbourhood
The rent covers 168% 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.
Property analysis
This apartment is priced about 29,000 € below the typical price (the median) for 2-room apartments in Madika (79 properties) — 1,257 €/m² against 1,671 €/m².
Apartment with two rooms in the Madika district, Burgas. It has an area of 70 sq m, including a living room with kitchenette, bedroom, entrance hall, bathroom, laundry room and terrace. The property is on the fourth floor of a nine-storey brick building. The building is new-build, and the apartment is offered at "under construction" stage, allowing for individual layout design. Madika is a rapidly developing area with a modern residential environment and good infrastructure, providing tranquility and easy access to central parts of the city. The property is suitable for families seeking functional layout and the possibility to personalise the interior.
With 20% down over 20 years the monthly mortgage payment is about 390 €, against an expected local rent of 657 €. The rent covers the whole payment (168%).
Pros and cons
AI summaryPros
- functional layout
- terrace
- new-build
Cons
- needs finishing works
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 25% below the average for comparable properties.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 255 days.
Is there a lift in the building, and what condition is it in?
Because: The property is on floor 4 and the listing does not mention a lift.
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
- entrance hall
- bathroom
- laundry room
- terrace
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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