−61% below market
median 1,817 €/m² for comparable properties
55,000 € 714 €/m²
Rent covers ~ 269% of the payment
~ 656 €/mo rent · pays for itself in ~ 7 yrs
Sale200,000 €2,380 €/m²
Expected rent656 € /mo
~47,500 € ABOVE MARKET
overpriced
against the median for apartments in Burgas (2,985 properties)
Area
84 m²
Floor
2 / 2
Construction
Brick
Yield analysis
Low investment rating
Monthly payment887 €20% down payment · 20 yrs · 3%
Expected rent656 €at market conditions for the neighbourhood
The rent covers 74% of the payment — you top up about 231 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 25 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 47,500 € above the typical price (the median) for apartments in Burgas (2,985 properties) — 2,380 €/m² against 1,817 €/m².
Three-room apartment in the Cherno More district, Burgas city, located on the first residential floor of a two-storey building. The total area is 84.36 sq m, including a corridor, living room with kitchen, two bedrooms, bathroom with toilet, laundry room and terrace. The property includes two cellars with a total area of 30.16 sq m and an attic space of 36.73 sq m. The apartment is offered with existing furnishings. The construction is brick, providing good insulation and durability. The location is convenient, close to the municipality, kindergarten, shops and public transport stops. The property is suitable for family use with good functionality and accessibility in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 887 €, against an expected local rent of 656 €. The rent covers 74% of it.
Pros and cons
AI summaryPros
- functional layout
- terrace
- close to urban amenities
Cons
- first floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 270 days.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- corridor
- living room with kitchen
- bedroom
- bedroom
- bathroom with toilet
- laundry room
- terrace
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
−34% below market
median 1,817 €/m² for comparable properties
125,300 € 1,204 €/m²
Rent covers ~ 118% of the payment
~ 656 €/mo rent · pays for itself in ~ 16 yrs