Sale

Three-room apartment with three terraces in Izgrev, Burgas

BurgasIzgrev
Published: 26 July 2026 Updated: 7 September 2026
Sale185,000 €1,581 €/m²
Expected rent740 € /mo

~33,500 € BELOW MARKET

good value

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

Area
117 m²
Floor
1 / 5
Construction
Brick
Year
2004

Yield analysis

Fair investment rating

4.8% / yr
Monthly payment821 €20% down payment · 20 yrs · 3%
Expected rent740 €at market conditions for the neighbourhood

The rent covers 90% of the payment — you top up about 81 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 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▼ 6.1% · 12,000 €
  1. 197,000 €26 July 2026Initial price
  2. 192,000 €▼ 5,000 € (2.5%) 28 July 2026Price reduced
  3. 190,000 €▼ 2,000 € (1%) 10 August 2026Price reduced
  4. 185,000 €▼ 5,000 € (2.6%) 7 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 33,500 € below the typical price (the median) for 3-room apartments in Izgrev (126 properties) — 1,581 €/m² against 1,869 €/m².

A three-room apartment is offered in the Izgrev district, Burgas. The property has a floor area of 117 sq m and is located on the first floor of a five-storey building. The layout includes a corridor, living room with dining area and kitchenette, two bedrooms, bathroom with toilet, second toilet with laundry area, walk-in closet and three terraces. The apartment was built in 2004 with brick construction and has an elevator. The aspect is southeast/northwest, providing good natural light. The location is close to a kindergarten and an English high school, which is convenient for families with children. The property is in good condition and ready for use. This is a suitable choice for a family looking for a spacious and functional home in an urban environment.

With 20% down over 20 years the monthly mortgage payment is about 821 €, against an expected local rent of 740 €. The rent covers 90% of it.

The asking price has fallen by 12,000 € (6.1%) since it was first listed.

Source: Market statistics for 3-room apartments in Izgrev

Pros and cons

AI summary
Pros
  • functional layout
  • three terraces
  • elevator
  • good aspect
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. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 15% below the average for comparable properties.

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

    Because: The price has been cut 3 times — about 6% 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

  • corridor
  • living room
  • bedroom
  • bedroom
  • bathroom
  • toilet
  • toilet

Amenities

  • Elevator

Details

Category
Residential
Rooms
3
Bathrooms
2
Furnishing
Yes

Approximate location

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

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