+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
Sale180,000 €1,914 €/m²
Expected rent740 € /mo
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Izgrev (126 properties)
Area
94 m²
Floor
7 / 8
Construction
Panel
Year
1970
Heating
District Heating
Yield analysis
Fair investment rating
Monthly payment799 €20% down payment · 20 yrs · 3%
Expected rent740 €at market conditions for the neighbourhood
The rent covers 93% of the payment — you top up about 59 €/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 at the typical price (the median) for 3-room apartments in Izgrev (126 properties) — 1,914 €/m² against 1,876 €/m².
Three-room apartment in Burgas city, Izgrev district, located on the 7th floor of 8 in a prefab panel building.
The layout includes an entrance hall, living room with access to a large terrace, two bedrooms, separate kitchen with enclosed terrace, toilet, bathroom and storage room, providing convenience and potential for remodeling.
The building is renovated, with maintained common areas, elevator and parking, built in 1970.
The location is close to Grand Mall Plaza, Veleka Park, school and kindergarten, offering easy access to urban infrastructure.
The property is suitable for families seeking a functional home with a good location and options for adaptation according to their needs.
With 20% down over 20 years the monthly mortgage payment is about 799 €, against an expected local rent of 740 €. The rent covers 93% of it.
Pros and cons
AI summaryPros
- functional layout
- large terrace
- renovated building
- elevator and parking
Cons
- prefab panel construction
- 7th floor of 8
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
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 1970 — about 56 years old.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- entrance hall
- living room
- bedroom
- bedroom
- kitchen
- toilet
- bathroom
- storage room
Amenities
- Elevator
- With Parking
- Renovated
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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