Sale

Three-room apartment with terrace in Izgrev, Burgas

BurgasIzgrev
Published: 1 June 2026 Updated: 12 September 2026
Sale180,000 €1,714 €/m²
Expected rent740 € /mo

~17,000 € BELOW MARKET

good value

against the median for 3-room apartments in Izgrev (125 properties)

Area
105 m²
Floor
1 / 6
Construction
Brick
Year
2003

Yield analysis

Fair investment rating

4.9% / yr
Monthly payment799 €20% down payment · 20 yrs · 3%
Expected rent740 €at market conditions for the neighbourhood

The rent covers 93% of the payment — you top up about 59 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 20 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

3 changes since listing▼ 21.7% · 49,999 €
  1. 229,999 €1 June 2026Initial price
  2. 192,000 €▼ 37,999 € (16.5%) 4 July 2026Price reduced
  3. 190,000 €▼ 2,000 € (1%) 10 August 2026Price reduced
  4. 180,000 €▼ 10,000 € (5.3%) 12 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 17,000 € below the typical price (the median) for 3-room apartments in Izgrev (125 properties) — 1,714 €/m² against 1,876 €/m².

The presented property is a three-room apartment with an area of 105 sq m, located on the first floor of a residential building in the Izgrev, Burgas district. The layout includes a living room with kitchen area, two bedrooms, each with access to a terrace, a bathroom with toilet, separate toilet with laundry room, walk-in closet and corridor. The apartment was built in 2003 with brick construction and includes a basement/storage room with a reinforced door. The building has common areas of 11.5 sq m, and the property is sold as is. The location is in a developed area with convenient access to shops, schools and kindergarten. The property is suitable for family use with functional layout and nearby amenities.

With 20% down over 20 years the monthly mortgage payment is about 799 €, against an expected local rent of 740 €. The rent covers 93% of it.

This property is advertised in 2 offers, all from the same agency. The gap between the cheapest and the dearest is 10,000 €. It has been listed for 122 days. The asking price has fallen by 49,999 € (21.7%) since it was first listed.

Source: Market statistics for 3-room apartments in Izgrev

Pros and cons

AI summary
Pros
  • functional layout
  • terrace to all rooms
  • basement/storage
  • close to schools and shops
Cons
  • ground floor
  • no elevator

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. Which price is the real one, and who am I negotiating with?

    Because: The property appears in 2 listings, and the prices differ by about 5%.

  2. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 3 times — about 22% below the original asking price.

  3. Is there damp, is there enough daylight, and what is the noise like?

    Because: The property is on the first floor.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Layout

  • living room
  • bedroom
  • bedroom
  • bathroom
  • toilet
  • walk-in closet

Details

Category
Residential
Rooms
3
Bathrooms
2

Location

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