Sale−45% below market

Two-room apartment with enclosed terrace in Slaveykov, Burgas

BurgasSlaveikov
Published: 20 May 2026 Updated: 1 October 2026
Sale83,500 €1,368 €/m²
Expected rent627 € /mo
Area
61 m²
Floor
5 / 8
Construction
Brick
Year
1980
Heating
District Heating

Yield analysis

Strong investment rating

9% / yr
Monthly payment370 €20% down payment · 20 yrs · 3%
Expected rent627 €at market conditions for the neighbourhood

The rent covers 169% 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.

Price history

2 changes since listing▼ 43.2% · 63,500 €
  1. 147,000 €12 June 2026Initial price
  2. 144,900 €▼ 2,100 € (1.4%) 19 June 2026Price reduced
  3. 83,500 €▼ 61,400 € (42.4%) 16 July 2026Price reducedCurrent

Property analysis

This apartment is priced 45% below the typical price (the median) for comparable properties — 1,113 €/m² against 2,022 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

2-room apartment in the Slaveykov district, Burgas, located on the 5th floor of 8 in a prefab panel building. The area is 61 sq m including a separate storage room.

The layout includes an entrance hall, bedroom, living room, separate kitchen and enclosed terrace with west and east aspect, providing good daylight.

The building was insulated in 2016, and the apartment was renovated in 2024, equipped with an elevator and internet. The construction is prefab panel, typical for the area.

The location is convenient with proximity to schools, kindergartens, shops and a park, ensuring easy access to all necessary services.

The property is suitable for living or investment, offering a balanced combination of functionality and convenience in an urban environment.

With 20% down over 20 years the monthly mortgage payment is about 370 €, against an expected local rent of 627 €. The rent covers the whole payment (169%).

The asking price has fallen by 63,500 € (43.2%) since it was first listed.

Source: Market statistics for 2-room apartments in Slaveikov

Pros and cons

AI summary
Pros
  • renovated in 2024
  • functional layout
  • elevator
  • close to schools and shops
Cons
  • prefab panel construction

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 45% below the average for comparable properties.

  2. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 2 times — about 43% below the original asking price.

  3. Have the risers been replaced, and when was the roof last repaired?

    Because: The building dates from 1980 — about 46 years old.

  4. 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

  • entrance hall
  • bedroom
  • living room
  • kitchen
  • terrace

Amenities

  • Elevator
  • Internet Connection
  • Renovated

Exposure

AI summary
EEast

Morning sun, cooler afternoons

WWest

Afternoon and evening sun

Details

Category
Residential
Rooms
2
Furnishing
Yes

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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