Sale

Three-room apartment in Izgrev, Burgas with elevator

BurgasIzgrev
Published: 20 August 2026 Updated: 20 August 2026
Sale175,754 €1,555 €/m²
Expected rent740 € /mo

~35,500 € BELOW MARKET

good value

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

Area
113 m²
Floor
4 / 14
Construction
Brick

Yield analysis

Fair investment rating

5.1% / yr
Monthly payment780 €20% down payment · 20 yrs · 3%
Expected rent740 €at market conditions for the neighbourhood

The rent covers 95% of the payment — you top up about 40 €/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.

Property analysis

This apartment is priced about 35,500 € below the typical price (the median) for 3-room apartments in Izgrev (126 properties) — 1,555 €/m² against 1,869 €/m².

Three-room apartment with an area of 113 sq m, located in the district of Izgrev, Burgas. The property is part of the modern residential complex Grand Plaza Residences with direct access to the Grand Plaza Mall.

The layout includes three rooms suitable for family use, with the apartment situated on the fourth floor of a building with a total of 14 floors and equipped with an elevator. The apartment is offered at shell stage (plastered walls and screed), allowing for individual finishing according to preferences.

The building is constructed of brick and offers underground parking spaces and storage rooms, as well as access control and video surveillance for security. The complex includes green areas, sports facilities, and children's playgrounds.

The location is convenient for living with easy access to retail outlets, a medical center, and other services within the complex and mall. The surroundings are an urban environment with all necessary amenities nearby.

The property is suitable for people seeking a functional home in a gated complex with opportunities for sports and recreation in an urban setting.

With 20% down over 20 years the monthly mortgage payment is about 780 €, against an expected local rent of 740 €. The rent covers 95% of it.

Source: Market statistics for 3-room apartments in Izgrev

Pros and cons

AI summary
Pros
  • gated complex
  • elevator
  • underground parking
  • functional layout
Cons

We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.

Questions for the viewing

Only on imotesa

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

  1. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 17% below the average for comparable properties.

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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