Sale

3-room apartment in Lazur, Burgas with terraces

BurgasLazur
Published: 1 May 2026 Updated: 28 September 2026
Sale109,000 €1,267 €/m²
Expected rent727 € /mo

~124,000 € BELOW MARKET

far below market

against the median for apartments in Lazur (140 properties)

A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

Area
86 m²
Floor
4 / 5
Construction
Brick
Year
1990

Yield analysis

Strong investment rating

8% / yr
Monthly payment484 €20% down payment · 20 yrs · 3%
Expected rent727 €at market conditions for the neighbourhood

The rent covers 150% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 12 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

5 changes since listing▼ 23.7% · 28,000 €
  1. 118,000 €6 March 2026Initial price
  2. 120,000 €▲ 2,000 € (1.7%) 3 April 2026Price increased
  3. 109,000 €▼ 11,000 € (9.2%) 1 May 2026Price reduced
  4. 103,000 €▼ 6,000 € (5.5%) 1 May 2026Price reduced
  5. 99,000 €▼ 4,000 € (3.9%) 9 June 2026Price reduced
  6. 90,000 €▼ 9,000 € (9.1%) 2 July 2026Price reducedCurrent

Property analysis

This apartment is priced about 124,000 € below the typical price (the median) for apartments in Lazur (140 properties) — 1,267 €/m² against 2,708 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

3-room apartment in Burgas, Lazur district, located on the fourth floor of a five-storey brick building from 1990.

The layout includes two separate rooms with terraces and a bathroom with toilet, as well as a large room with a 10 sq m terrace on the fifth floor.

The building is brick, without an elevator, completed and has Act 16.

The location is near the Russian High School, in a well-developed district with access to city infrastructure.

The property is suitable for a family looking for a home with additional outdoor spaces and a convenient location, but the lack of an elevator and the need to use the terrace on the fifth floor should be considered.

With 20% down over 20 years the monthly mortgage payment is about 484 €, against an expected local rent of 727 €. The rent covers the whole payment (150%).

This property is advertised in 3 offers from 3 different sellers. The gap between the cheapest and the dearest is 11,000 €. It has been listed for 289 days. The asking price has fallen by 28,000 € (23.7%) since it was first listed.

Source: Market statistics for apartments in Lazur

Pros and cons

AI summary
Pros
  • two terraces
  • brick construction
  • valid Act 16
Cons
  • no elevator
  • terrace on fifth floor

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. Which price is the real one, and who am I negotiating with?

    Because: The property appears in 3 listings, and the prices differ by about 9%.

  2. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 53% below the average for comparable properties.

  3. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 4 times — about 24% below the original asking price.

  4. Is there a lift in the building, and what condition is it in?

    Because: The property is on floor 4 and the listing does not mention a lift.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Layout

  • room
  • room
  • room

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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