+57% above market
median 1,985 €/m² for comparable properties
229,000 € 3,013 €/m²
Rent covers ~ 55% of the payment
~ 559 €/mo rent · you top up ~ 457 €/mo
Sale129,000 €1,897 €/m²
Expected rent621 € /mo
AT MARKET LEVEL
fairly priced
against the median for 2-room apartments in Slaveikov (182 properties)
Area
68 m²
Floor
2 / 8
Construction
Panel
Year
1970
Yield analysis
Fair investment rating
Monthly payment572 €20% down payment · 20 yrs · 3%
Expected rent621 €at market conditions for the neighbourhood
The rent covers 109% 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.
Property analysis
This apartment is priced at the typical price (the median) for 2-room apartments in Slaveikov (182 properties) — 1,897 €/m² against 2,020 €/m².
The apartment is located in the city of Burgas, Slaveykov district. It features a corridor, kitchen with enclosed terrace, bedroom, living room with adjoining terrace, bathroom and toilet. The property is on the second floor of an eight-storey prefab panel building with an elevator. The building is insulated, with replaced window frames and roller shutters. The location is convenient, close to a mall, shops, park and school. The apartment requires partial renovation and refreshing. This makes it suitable for people looking for a property with potential in a well-developed area.
With 20% down over 20 years the monthly mortgage payment is about 572 €, against an expected local rent of 621 €. The rent covers the whole payment (109%).
Source: Market statistics for 2-room apartments in Slaveikov
Pros and cons
AI summaryPros
- two terraces
- elevator
- insulated building
- southeast aspect
Cons
- prefab panel construction
- partial renovation
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
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.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- corridor
- kitchen
- bedroom
- living room
- bathroom
Amenities
- Elevator
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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