median 2,786 €/m² for comparable properties
Rent covers ~ 199% of the payment
~ 876 €/mo rent · pays for itself in ~ 9 yrs
~32,000 € ABOVE MARKET
above market
against the median for 3-room apartments in Lazur (55 properties)
Low investment rating
The rent covers 60% of the payment — you top up about 588 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 31 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This apartment is priced about 32,000 € above the typical price (the median) for 3-room apartments in Lazur (55 properties) — 3,084 €/m² against 2,786 €/m².
Three-room apartment in Burgas, Lazur district, located on the third floor of a five-storey brick building from 1997. The property has an area of 107 sq m and includes two loggia-type terraces.
The layout is functional with a spacious living room with kitchenette, two separate bedrooms, bathroom, separate toilet, and laundry room. The corridor offers space for a built-in wardrobe and coat rack.
The building is brick, and the apartment has been renovated with high-quality materials such as natural oak parquet, Italian granite tiles, and high energy-efficiency PVC windows. Heating is electric underfloor in the bathroom, and air conditioning is provided by Mitsubishi and Haier units.
The location is close to the Sea Garden and a kindergarten, with the building having its own yard with controlled parking and an included parking space for the property.
The property is suitable for family use thanks to the convenient layout and the availability of a parking space in a prestigious area of Burgas.
With 20% down over 20 years the monthly mortgage payment is about 1,464 €, against an expected local rent of 876 €. The rent covers 60% of it.
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 2,786 €/m² for comparable properties
Rent covers ~ 199% of the payment
~ 876 €/mo rent · pays for itself in ~ 9 yrs
median 2,786 €/m² for comparable properties
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median 2,786 €/m² for comparable properties
Rent covers ~ 100% of the payment
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median 2,711 €/m² for comparable properties
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median 2,786 €/m² for comparable properties
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median 2,786 €/m² for comparable properties
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~ 876 €/mo rent · you top up ~ 80 €/mo
median 2,711 €/m² for comparable properties
Rent covers ~ 74% of the payment
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