No market valuation
On request
No yield data
Appears once there's enough market data
Sale179,000 €2,081 €/m²
Expected rent886 € /mo
~60,500 € BELOW MARKET
good value
against the median for 3-room apartments in Lazur (54 properties)
Area
86 m²
Construction
Brick
Yield analysis
Fair investment rating
Monthly payment794 €20% down payment · 20 yrs · 3%
Expected rent886 €at market conditions for the neighbourhood
The rent covers 112% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
1 change since listing▼ 3.2% · 6,000 €
- 185,000 €
- 179,000 €▼ 6,000 € (3.2%)
Property analysis
This apartment is priced about 60,500 € below the typical price (the median) for 3-room apartments in Lazur (54 properties) — 2,081 €/m² against 2,787 €/m².
The apartment is located in the city of Burgas, Lazur district, on the first residential floor of a brick building with controlled access. It features a layout consisting of a living room, separate kitchen, two bedrooms, bathroom, toilet, and two terraces. The property is suitable both for living and for use as an office or medical practice. The building is brick, which implies good thermal and sound insulation. The location is in an established residential area with convenient access to city infrastructure. The property offers a functional layout and the possibility for various uses according to the buyer's needs.
With 20% down over 20 years the monthly mortgage payment is about 794 €, against an expected local rent of 886 €. The rent covers the whole payment (112%).
The asking price has fallen by 6,000 € (3.2%) since it was first listed.
Pros and cons
AI summaryPros
- functional layout
- two terraces
- controlled access
- brick construction
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
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 25% below the average for comparable properties.
Is there still room to negotiate?
Because: The price has been cut once, by about 3%.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living room
- kitchen
- bedroom
- bedroom
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
No market valuation
On request
No yield data
Appears once there's enough market data
+12% above market
median 3,001 €/m² for comparable properties
485,000 € 3,368 €/m²
Rent covers ~ 34% of the payment
~ 731 €/mo rent · you top up ~ 1,421 €/mo
At market level
median 2,787 €/m² for comparable properties
195,000 € 2,785 €/m²
Rent covers ~ 102% of the payment
~ 886 €/mo rent · pays for itself in ~ 18 yrs
+13% above market
median 2,787 €/m² for comparable properties
295,000 € 3,138 €/m²
Rent covers ~ 68% of the payment
~ 886 €/mo rent · you top up ~ 423 €/mo
At market level
median 2,787 €/m² for comparable properties
245,000 € 3,062 €/m²
Rent covers ~ 82% of the payment
~ 886 €/mo rent · you top up ~ 201 €/mo
−23% below market
median 2,615 €/m² for comparable properties
177,000 € 2,011 €/m²
Rent covers ~ 78% of the payment
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At market level
median 2,615 €/m² for comparable properties
150,000 € 2,830 €/m²
Rent covers ~ 92% of the payment
~ 610 €/mo rent · you top up ~ 56 €/mo