+19% above market
median 1,946 €/m² for comparable properties
150,000 € 2,307 €/m²
Rent covers ~ 89% of the payment
~ 593 €/mo rent · you top up ~ 73 €/mo
Sale160,000 €1,523 €/m²
Expected rent740 € /mo
~37,000 € BELOW MARKET
good value
against the median for 3-room apartments in Izgrev (126 properties)
Area
105 m²
Floor
5 / 9
Construction
Brick
Year
2027
Yield analysis
Fair investment rating
Monthly payment710 €20% down payment · 20 yrs · 3%
Expected rent740 €at market conditions for the neighbourhood
The rent covers 104% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 18 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 37,000 € below the typical price (the median) for 3-room apartments in Izgrev (126 properties) — 1,523 €/m² against 1,876 €/m².
The offered property is a three-room apartment in the Izgrev district, Burgas. It has an area of 105 sq m and is located on the 5th floor of 9 in a building with an elevator. The layout includes an entrance hall, living room with dining area and kitchenette, two bedrooms, bathroom with toilet, separate toilet, and terrace. The apartment is finished to BDS "shell and core" standard and is part of brick construction with expected Act 16 in 2027. The location is close to Grand Plaza mall, Kaufland store, bus stop, and main boulevard, providing convenient access to city infrastructure. The property is suitable for families seeking a home with functional layout and good urban connections.
With 20% down over 20 years the monthly mortgage payment is about 710 €, against an expected local rent of 740 €. The rent covers the whole payment (104%).
Pros and cons
AI summaryPros
- functional layout
- elevator
- close to retail outlets
Cons
- needs finishing works
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 19% below the average for comparable properties.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2027.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- entrance hall
- living room
- bedroom
- bedroom
- bathroom
- toilet
- terrace
Amenities
- Elevator
- Renovated
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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