+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
Sale162,000 €1,800 €/m²
Expected rent740 € /mo
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Izgrev (126 properties)
Area
90 m²
Floor
1 / 8
Construction
Panel
Year
1980
Heating
District Heating
Yield analysis
Fair investment rating
Monthly payment719 €20% down payment · 20 yrs · 3%
Expected rent740 €at market conditions for the neighbourhood
The rent covers 103% 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 at the typical price (the median) for 3-room apartments in Izgrev (126 properties) — 1,800 €/m² against 1,876 €/m².
Three-room apartment in the city of Burgas, district Izgrev, located on the first floor of eight in a prefab panel building.
The layout includes a large L-shaped corridor, living room, kitchen, two walk-through bedrooms, bathroom and toilet, as well as a terrace.
The building is prefab panel from 1980, with elevator and controlled access, but the apartment needs renovation.
The location is convenient, close to a school, kindergarten, hypermarket, public transport stop and park.
The property offers the possibility to be adapted according to the needs of the new owners and is suitable for family use considering the surrounding infrastructure.
With 20% down over 20 years the monthly mortgage payment is about 719 €, against an expected local rent of 740 €. The rent covers the whole payment (103%).
Pros and cons
AI summaryPros
- functional layout
- close to school and park
- elevator in building
Cons
- needs renovation
- prefab panel construction
- ground floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
What is the scope of the work, and are there hidden problems with the wiring or plumbing?
Because: The listing states that the property needs renovation.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 years old.
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
- kitchen
- bedroom
- bedroom
- bathroom
- toilet
- terrace
Amenities
- Elevator
- Access Control
- Needs Renovation
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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