median 2,512 €/m² for comparable properties
Rent covers ~ 60% of the payment
~ 789 €/mo rent · you top up ~ 517 €/mo
~55,500 € BELOW MARKET
good value
against the median for 3-room apartments in Centyr (85 properties)
Fair investment rating
The rent covers 82% of the payment — you top up about 169 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 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 55,500 € below the typical price (the median) for 3-room apartments in Centyr (85 properties) — 2,000 €/m² against 2,512 €/m².
The offered property is a three-room apartment with an area of 108 sq m, located in Burgas, in the central part of the city. The layout includes a spacious living room with kitchen, two separate bedrooms, a bathroom, a separate toilet and two terraces. The apartment is situated on the 4th floor of 5 in a brick building, built in 1996, with a south aspect providing good natural light. The building is of quality construction, but the apartment requires full renovation. The location is convenient, close to schools, kindergartens, shops and administrative institutions. The property is suitable for family living or investment, offering the opportunity for customization after renovation.
With 20% down over 20 years the monthly mortgage payment is about 958 €, against an expected local rent of 789 €. The rent covers 82% of it.
Derived 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 20% below the average for comparable properties.
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.
Is there a lift in the building, and what condition is it in?
Because: The property is on floor 4 and the listing does not mention a lift.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Maximum sunlight throughout the day
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 2,512 €/m² for comparable properties
Rent covers ~ 60% of the payment
~ 789 €/mo rent · you top up ~ 517 €/mo
median 2,788 €/m² for comparable properties
Rent covers ~ 53% of the payment
~ 586 €/mo rent · you top up ~ 521 €/mo
median 2,788 €/m² for comparable properties
Rent covers ~ 58% of the payment
~ 586 €/mo rent · you top up ~ 430 €/mo
median 2,647 €/m² for comparable properties
Rent covers ~ 128% of the payment
~ 510 €/mo rent · pays for itself in ~ 15 yrs
median 2,512 €/m² for comparable properties
Rent covers ~ 78% of the payment
~ 789 €/mo rent · you top up ~ 227 €/mo
median 2,647 €/m² for comparable properties
Rent covers ~ 96% of the payment
~ 510 €/mo rent · you top up ~ 22 €/mo
median 2,512 €/m² for comparable properties
Rent covers ~ 81% of the payment
~ 789 €/mo rent · you top up ~ 187 €/mo
median 2,788 €/m² for comparable properties
Rent covers ~ 59% of the payment
~ 586 €/mo rent · you top up ~ 402 €/mo