median 1,980 €/m² for comparable properties
Rent covers ~ 110% of the payment
~ 729 €/mo rent · pays for itself in ~ 17 yrs
~11,500 € BELOW MARKET
good value
against the median for 2-room apartments in Slaveikov (181 properties)
Good investment rating
The rent covers 128% 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.
This apartment is priced about 11,500 € below the typical price (the median) for 2-room apartments in Slaveikov (181 properties) — 1,833 €/m² against 2,022 €/m².
The apartment is located in the city of Burgas, in the Slaveykov district, with a convenient location near Mall Galleria Burgas. The layout includes a spacious living room, separate kitchen, bedroom, and terrace, providing functional use of the space. The property is in a prefab panel block from 1970, on the top 8th floor, with an available elevator and district heating. The area offers good infrastructure with shops, schools, kindergartens, and transport connections. The property requires renovation, offering an opportunity for customization according to the needs of the new owner. This apartment is suitable for people looking for a home with a convenient urban location and potential for refurbishment.
With 20% down over 20 years the monthly mortgage payment is about 488 €, against an expected local rent of 627 €. The rent covers the whole payment (128%).
The asking price has fallen by 8,000 € (6.8%) since it was first listed.
Source: Market statistics for 2-room apartments in Slaveikov
Derived from this specific property's data — not a generic checklist. Take them with you.
Is there still room to negotiate?
Because: The price has been cut once, by about 7%.
What is the scope of the work, and are there hidden problems with the wiring or plumbing?
Because: The listing states that the property needs renovation.
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 1970 — about 56 years old.
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.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,980 €/m² for comparable properties
Rent covers ~ 110% of the payment
~ 729 €/mo rent · pays for itself in ~ 17 yrs
median 2,022 €/m² for comparable properties
Rent covers ~ 78% of the payment
~ 627 €/mo rent · you top up ~ 180 €/mo
median 2,022 €/m² for comparable properties
Rent covers ~ 91% of the payment
~ 627 €/mo rent · you top up ~ 61 €/mo
median 2,022 €/m² for comparable properties
Rent covers ~ 166% of the payment
~ 627 €/mo rent · pays for itself in ~ 11 yrs
median 2,022 €/m² for comparable properties
Rent covers ~ 123% of the payment
~ 627 €/mo rent · pays for itself in ~ 15 yrs
median 2,125 €/m² for comparable properties
Rent covers ~ 138% of the payment
~ 889 €/mo rent · pays for itself in ~ 14 yrs
median 1,980 €/m² for comparable properties
Rent covers ~ 78% of the payment
~ 729 €/mo rent · you top up ~ 203 €/mo
median 2,022 €/m² for comparable properties
Rent covers ~ 169% of the payment
~ 627 €/mo rent · pays for itself in ~ 11 yrs