+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
Sale255,000 €2,802 €/m²
Expected rent740 € /mo
~85,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Izgrev (126 properties)
Area
91 m²
Floor
3 / 13
Construction
Brick
Year
2024
Yield analysis
Low investment rating
Monthly payment1,131 €20% down payment · 20 yrs · 3%
Expected rent740 €at market conditions for the neighbourhood
The rent covers 65% of the payment — you top up about 391 €/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 85,000 € above the typical price (the median) for 3-room apartments in Izgrev (126 properties) — 2,802 €/m² against 1,869 €/m².
Three-room apartment in Burgas city, Izgrev district, part of the new Arena Izgrev complex. The property has an area of 91 sq m and is located on the 3rd floor of 13 in a building with an elevator and controlled access.
The layout includes an entrance hall, spacious living room with kitchenette, two bedrooms, bathroom with WC, laundry room and terrace. The internal layout is functional and provides convenience for family use.
The building is new-build from 2024, constructed with brick materials and quality insulation. The property is equipped with air conditioners, modern kitchen and appliances, and the bathroom and laundry room are fully furnished.
The location is convenient, with easy access to main roads and numerous retail outlets nearby such as Lidl, Metro, Kaufland and Mall Burgas Plaza. Public transport is also available.
The property is suitable both for permanent residence and as an investment with rental potential.
With 20% down over 20 years the monthly mortgage payment is about 1,131 €, against an expected local rent of 740 €. The rent covers 65% of it.
Pros and cons
AI summaryPros
- functional layout
- southwest aspect
- new-build
- elevator and controlled access
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- entrance hall
- living room
- bedroom
- bedroom
- bathroom
- terrace
- laundry room
Amenities
- Elevator
- Access Control
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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