+27% above market
median 2,512 €/m² for comparable properties
294,400 € 3,200 €/m²
Rent covers ~ 60% of the payment
~ 789 €/mo rent · you top up ~ 517 €/mo
Sale220,000 €1,913 €/m²
Expected rent789 € /mo
~69,000 € BELOW MARKET
good value
against the median for 3-room apartments in Centyr (85 properties)
Area
115 m²
Floor
3 / 5
Construction
Brick
Year
2000
Yield analysis
Fair investment rating
Monthly payment976 €20% down payment · 20 yrs · 3%
Expected rent789 €at market conditions for the neighbourhood
The rent covers 81% of the payment — you top up about 187 €/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.
Price history
1 change since listing▼ 4.3% · 10,000 €
- 230,000 €
- 220,000 €▼ 10,000 € (4.3%)
Property analysis
This apartment is priced about 69,000 € below the typical price (the median) for 3-room apartments in Centyr (85 properties) — 1,913 €/m² against 2,512 €/m².
Three-room apartment in the city of Burgas, Center, on Slivnitsa St, near Aleksandrovska St and Troyka Square. The living area is 77 sq m, with an additional attic of 13 sq m and a basement of 26.3 sq m with a window and water supply.
The layout has walk-through rooms and includes a loggia. The property is on the 3rd floor of 5, without an elevator.
The building is brick, built in 2000, with heating via its own fireplace with a water jacket and radiators in all rooms. All electrical appliances and furnishings are available.
The location is convenient, close to shopping centers, gyms, shops and eateries, providing easy access to city amenities.
It is suitable for people seeking a home with a functional layout and conveniences in the central part of Burgas.
With 20% down over 20 years the monthly mortgage payment is about 976 €, against an expected local rent of 789 €. The rent covers 81% of it.
The asking price has fallen by 10,000 € (4.3%) since it was first listed.
Pros and cons
AI summaryPros
- functional layout
- quality materials
- own fireplace
- central location
Cons
- no elevator
- walk-through rooms
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 24% below the average for comparable properties.
Is there still room to negotiate?
Because: The price has been cut once, by about 4%.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- bedroom
- bedroom
- bedroom
Amenities
- With Transition
Details
- Category
- Residential
- Rooms
- 3
- Furnishing
- Yes
Location
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