−15% below market
median 2,895 €/m² for comparable properties
265,000 € 2,453 €/m²
Rent covers ~ 62% of the payment
~ 727 €/mo rent · you top up ~ 449 €/mo
Sale245,000 €2,425 €/m²
Expected rent885 € /mo
~36,500 € BELOW MARKET
good value
against the median for 3-room apartments in Lazur (55 properties)
Area
101 m²
Floor
2 / 12
Construction
Brick
Year
1980
Yield analysis
Fair investment rating
Monthly payment1,087 €20% down payment · 20 yrs · 3%
Expected rent885 €at market conditions for the neighbourhood
The rent covers 81% of the payment — you top up about 202 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 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 36,500 € below the typical price (the median) for 3-room apartments in Lazur (55 properties) — 2,425 €/m² against 2,788 €/m².
Three-room apartment in Burgas city, Lazur district, on the second floor of a brick building from 1980 with an elevator.
The property includes an entrance hall, separate bathroom and toilet, two bedrooms and a separate kitchen, with both bedrooms and the living room opening onto a shared terrace with east and west aspect.
The building is a solid brick construction, the elevators have been recently renovated, but the apartment is in need of full renovation, allowing for redesign according to the new owner's needs.
The location is close to the city centre and the Sea Garden, in a preferred area with convenient access to urban infrastructure.
The property is suitable for permanent residence or investment, thanks to its functional layout and location.
With 20% down over 20 years the monthly mortgage payment is about 1,087 €, against an expected local rent of 885 €. The rent covers 81% of it.
Pros and cons
AI summaryPros
- functional layout
- elevator
- close to centre
- terrace
Cons
- full renovation
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 13% below the average for comparable properties.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 years old.
Is there enough daylight during the day?
Because: The advertised exposure has no southern side.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- entrance hall
- bathroom
- toilet
- bedroom
- bedroom
- kitchen
- living room
Amenities
- Elevator
- Mortgaged
Exposure
AI summaryEEast
Morning sun, cooler afternoons
WWest
Afternoon and evening sun
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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No market valuation
On request
No yield data
Appears once there's enough market data
At market level
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