~47,000 € BELOW MARKET
good value
against the median for apartments in Burgas (2,985 properties)
Yield analysis
Strong investment rating
The rent covers 203% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 9 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 47,000 € below the typical price (the median) for apartments in Burgas (2,985 properties) — 1,106 €/m² against 1,816 €/m².
Two-room apartment in Burgas, Pobeda district, located on the third floor of a six-storey prefab panel building.
The layout includes a living room, two bedrooms, a bathroom with toilet, an entrance hall, and two terraces, providing the possibility to separate the living space and additional functionality.
The building was constructed in 1980, with prefab panel construction and has an elevator. The apartment is in need of renovation, allowing adaptation according to personal preferences.
The location is well connected, close to public transport stops and shops, with free parking available around the block.
The property is suitable for people looking for a home in a central urban environment with the opportunity for renewal and personalization.
With 20% down over 20 years the monthly mortgage payment is about 324 €, against an expected local rent of 656 €. The rent covers the whole payment (203%).
Pros and cons
AI summary- two terraces
- elevator
- mid floor
- well connected area
- prefab panel construction
- needs renovation
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 39% below the average for comparable properties.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 years old.
Is there enough daylight during the day?
Because: The advertised exposure has no southern side.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living room
- bedroom
- bedroom
Amenities
- Elevator
Exposure
AI summaryMorning sun, cooler afternoons
Afternoon and evening sun
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.