median 1,184 €/m² for comparable properties
Rent covers ~ 242% of the payment
~ 656 €/mo rent · pays for itself in ~ 8 yrs
~58,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Meden Rudnik - Zona D (96 properties)
Fair investment rating
The rent covers 110% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 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 about 58,000 € above the typical price (the median) for 2-room apartments in Meden Rudnik - Zona D (96 properties) — 2,076 €/m² against 1,184 €/m².
The presented property is a 2-room apartment with an area of 65 sq m, located in the Meden Rudnik residential complex, zone D, Burgas. The layout includes one bedroom, a living area, a bathroom with toilet, and utility rooms, providing functional use of the space. The building is brick, built in 2010, with an available elevator and renovated common areas, ensuring convenience and maintenance. The area offers easy access to public transport, shops, and schools, suitable for daily needs. The property is suitable both for personal use and as an investment for rental purposes.
With 20% down over 20 years the monthly mortgage payment is about 599 €, against an expected local rent of 656 €. The rent covers the whole payment (110%).
Source: Market statistics for 2-room apartments in Meden Rudnik - Zona D
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.
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Rent covers ~ 242% of the payment
~ 656 €/mo rent · pays for itself in ~ 8 yrs
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