−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
Sale285,000 €3,031 €/m²
Expected rent885 € /mo
Area
94 m²
Floor
3 / 18
Construction
EPC
Year
1970
Yield analysis
Low investment rating
Monthly payment1,264 €20% down payment · 20 yrs · 3%
Expected rent885 €at market conditions for the neighbourhood
The rent covers 70% of the payment — you top up about 379 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 27 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
2 changes since listing▼ 9.5% · 30,000 €
- 315,000 €
- 295,000 €▼ 20,000 € (6.3%)
- 285,000 €▼ 10,000 € (3.4%)
Property analysis
This apartment is priced 31% above the typical price (the median) for comparable properties — 3,653 €/m² against 2,788 €/m².
Three-room apartment in Burgas, Lazur district, located on the 3rd floor of an 18-storey solid EPK prefab building from 1970.
The layout includes a spacious living room, separate kitchen, two bedrooms, bathroom, separate toilet, large entrance hall and two terraces. The space allows for modifications such as a third bedroom or office.
The building has structural stability typical of EPK construction, but the apartment requires renovation and does not have additional amenities.
The location is quiet and green, with quick access to the Sea Garden, the city centre, schools and transport, providing convenience and tranquility.
The property is suitable for people seeking a balanced home with potential for modernization in a well-developed area of the city.
With 20% down over 20 years the monthly mortgage payment is about 1,264 €, against an expected local rent of 885 €. The rent covers 70% of it.
The asking price has fallen by 30,000 € (9.5%) since it was first listed.
Pros and cons
AI summaryPros
- south/west aspect
- two terraces
- actual floor area
- good location
Cons
- needs renovation
- no additional amenities
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Is there still room to negotiate, and why has it not sold yet?
Because: The price has been cut 2 times — about 10% below the original asking price.
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
- living room
- kitchen
- bedroom
- bedroom
- bathroom
- toilet
- entrance hall
- terrace
- terrace
- basement
Exposure
AI summarySSouth
Maximum sunlight throughout the day
WWest
Afternoon and evening sun
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 2
Location
Similar properties nearby
−13% below market
median 2,788 €/m² for comparable properties
245,000 € 2,425 €/m²
Rent covers ~ 81% of the payment
~ 885 €/mo rent · you top up ~ 202 €/mo
−40% below market
median 2,708 €/m² for comparable properties
143,000 € 1,625 €/m²
Rent covers ~ 115% of the payment
~ 727 €/mo rent · pays for itself in ~ 16 yrs
−19% below market
median 2,788 €/m² for comparable properties
158,000 € 2,257 €/m²
Rent covers ~ 126% of the payment
~ 885 €/mo rent · pays for itself in ~ 15 yrs
−45% below market
median 2,895 €/m² for comparable properties
380,000 € 1,583 €/m²
Rent covers ~ 43% of the payment
~ 727 €/mo rent · you top up ~ 959 €/mo
No market valuation
On request
No yield data
Appears once there's enough market data
At market level
median 2,788 €/m² for comparable properties
290,000 € 2,788 €/m²
Rent covers ~ 69% of the payment
~ 885 €/mo rent · you top up ~ 402 €/mo
At market level
median 2,631 €/m² for comparable properties
180,000 € 2,857 €/m²
Rent covers ~ 76% of the payment
~ 609 €/mo rent · you top up ~ 190 €/mo