+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
Sale130,000 €1,710 €/m²
Expected rent621 € /mo
~23,500 € BELOW MARKET
good value
against the median for 2-room apartments in Slaveikov (182 properties)
Area
76 m²
Construction
Brick
Year
2008
Yield analysis
Fair investment rating
Monthly payment577 €20% down payment · 20 yrs · 3%
Expected rent621 €at market conditions for the neighbourhood
The rent covers 108% 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 about 23,500 € below the typical price (the median) for 2-room apartments in Slaveikov (182 properties) — 1,710 €/m² against 2,020 €/m².
Two-room apartment in the Slaveykov district, city of Burgas, located on the top floor. The property has a total area of 76 sq m, including a spacious terrace of 23.4 sq m and a basement storage room.
The layout includes an entrance hall, bright living room with kitchenette, bedroom, and bathroom with toilet, while the terrace offers the possibility to expand the living space.
The building is brick, built in 2008, with maintained common areas and a bright entrance. The apartment needs a refresh renovation, allowing personalization according to the new owner's needs.
The location is on a quiet inner street, close to urban infrastructure and green areas, providing tranquility and convenience.
The property is suitable for those seeking a functional and bright home with the possibility to utilize additional space in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 577 €, against an expected local rent of 621 €. The rent covers the whole payment (108%).
Source: Market statistics for 2-room apartments in Slaveikov
Pros and cons
AI summaryPros
- panoramic terrace
- possibility to expand
- quiet location
- good urban infrastructure
Cons
- top floor
- needs refresh 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 15% below the average for comparable properties.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- entrance hall
- bright living room
- bedroom
- bathroom
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
+42% above market
median 2,020 €/m² for comparable properties
229,000 € 2,862 €/m²
Rent covers ~ 61% of the payment
~ 621 €/mo rent · you top up ~ 395 €/mo
+45% above market
median 2,020 €/m² for comparable properties
229,000 € 2,935 €/m²
Rent covers ~ 61% of the payment
~ 621 €/mo rent · you top up ~ 395 €/mo
At market level
median 2,132 €/m² for comparable properties
138,000 € 2,338 €/m²
Rent covers ~ 147% of the payment
~ 899 €/mo rent · pays for itself in ~ 13 yrs
−13% below market
median 2,020 €/m² for comparable properties
114,900 € 1,767 €/m²
Rent covers ~ 122% of the payment
~ 621 €/mo rent · pays for itself in ~ 15 yrs
−18% below market
median 1,672 €/m² for comparable properties
65,500 € 1,364 €/m²
Rent covers ~ 251% of the payment
~ 730 €/mo rent · pays for itself in ~ 7 yrs
At market level
median 1,672 €/m² for comparable properties
82,900 € 1,727 €/m²
Rent covers ~ 198% of the payment
~ 730 €/mo rent · pays for itself in ~ 9 yrs
−22% below market
median 1,672 €/m² for comparable properties
59,950 € 1,303 €/m²
Rent covers ~ 274% of the payment
~ 730 €/mo rent · pays for itself in ~ 7 yrs