+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
Sale125,000 €1,602 €/m²
Expected rent657 € /mo
AT MARKET LEVEL
fairly priced
against the median for 2-room apartments in Madika (80 properties)
Area
78 m²
Floor
3 / 4
Construction
Brick
Year
2023
Yield analysis
Good investment rating
Monthly payment555 €20% down payment · 20 yrs · 3%
Expected rent657 €at market conditions for the neighbourhood
The rent covers 118% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 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 at the typical price (the median) for 2-room apartments in Madika (80 properties) — 1,602 €/m² against 1,674 €/m².
The apartment is located in the Madika district, Burgas, in a new brick building from 2023. The layout includes a corridor, living room with kitchenette, separate bedroom, bathroom with toilet, and terrace. The property is on the third floor of four and has an area of 78 sq m. The building is new-build, ensuring modern materials and construction. The location offers a quiet atmosphere with less urban density and prospects for area development. The property is suitable for families seeking a spacious and functional home with the possibility to personalise the interior.
With 20% down over 20 years the monthly mortgage payment is about 555 €, against an expected local rent of 657 €. The rent covers the whole payment (118%).
Pros and cons
AI summaryPros
- new-build
- functional layout
- terrace
- spacious area
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room
- bedroom
- bathroom
- 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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