Sale

Three-room apartment in Izgrev, Burgas with elevator

BurgasIzgrev
Published: 1 September 2026 Updated: 1 September 2026
Sale261,000 €2,394 €/m²
Expected rent740 € /mo

~56,500 € ABOVE MARKET

overpriced

against the median for 3-room apartments in Izgrev (126 properties)

Area
109 m²
Floor
1 / 14
Construction
Brick
Year
2028

Yield analysis

Low investment rating

3.4% / yr
Monthly payment1,158 €20% down payment · 20 yrs · 3%
Expected rent740 €at market conditions for the neighbourhood

The rent covers 64% of the payment — you top up about 418 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 29 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 56,500 € above the typical price (the median) for 3-room apartments in Izgrev (126 properties) — 2,394 €/m² against 1,876 €/m².

Three-room apartment in the Izgrev district, Burgas, part of the new residential complex Piccadilly Residence. The property is located on the first floor of a 14-storey building, built in 2028 with brick construction.

The layout includes spacious rooms with ceilings 2.90 m high and large triple-glazed windows, providing good natural light and sound insulation. The functional possibilities are suitable for a family or for people seeking a comfortable urban home.

The building is equipped with high-quality materials, including Kommerling PVC windows and entrance doors with enhanced security. Available are an Otis brand elevator, a security alarm system, and prepared installations for air conditioners and smart homes.

The location offers amenities such as a Lidl supermarket, pharmacy, and medical center on the ground floor, as well as green areas with views of the city and the sea. Parking is provided within the complex.

The property is suitable for people looking for a modern urban home with good technical features and conveniences close to the central part of Burgas.

With 20% down over 20 years the monthly mortgage payment is about 1,158 €, against an expected local rent of 740 €. The rent covers 64% of it.

Source: Market statistics for 3-room apartments in Izgrev

Pros and cons

AI summary
Pros
  • functional layout
  • new-build
  • elevator
  • quality materials
Cons
  • ground floor

Questions for the viewing

Only on imotesa

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

  1. Has Act 16 been issued, and what guarantees cover the common parts?

    Because: The building dates from 2028.

  2. 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.

Amenities

  • Elevator

Details

Category
Residential
Rooms
3

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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