+22% above market
median 1,671 €/m² for comparable properties
112,500 € 2,045 €/m²
Rent covers ~ 132% of the payment
~ 657 €/mo rent · pays for itself in ~ 14 yrs
Sale203,130 €1,797 €/m²
Expected rent657 € /mo
~36,500 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Madika (59 properties)
Area
113 m²
Floor
6 / 9
Construction
Brick
Year
2027
Yield analysis
Low investment rating
Monthly payment901 €20% down payment · 20 yrs · 3%
Expected rent657 €at market conditions for the neighbourhood
The rent covers 73% of the payment — you top up about 244 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 26 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▲ 24.1% · 39,498 €
- 163,632 €
- 203,130 €▲ 39,498 € (24.1%)
Property analysis
This apartment is priced about 36,500 € above the typical price (the median) for 3-room apartments in Madika (59 properties) — 1,797 €/m² against 1,476 €/m².
3-room apartment with an area of 113 sq m, located in the city of Burgas, Madika district. It is situated on the 6th floor of 9 in a brick building from 2027.
The layout is functional, with well-lit and warm rooms, suitable for family use. There is an elevator, which facilitates access to the floor.
The building is new-build, with quality materials and modern standards. There is provision for a parking space and bank loan.
The location is in a rapidly developing area, close to Heart and Brain hospital, providing conveniences and access to urban infrastructure.
The property is suitable for people seeking a comfortable and functional apartment in an urban environment with options for installment payments.
With 20% down over 20 years the monthly mortgage payment is about 901 €, against an expected local rent of 657 €. The rent covers 73% of it.
The asking price has risen by 39,498 € (24.1%) since it was first listed.
Pros and cons
AI summaryPros
- functional layout
- new-build
- elevator
- parking space option
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.
What changed since the listing went up — a renovation, paperwork, something else?
Because: The price is about 24% higher than when it was first advertised.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2027.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- bedroom
- bedroom
- bedroom
Amenities
- Elevator
Details
- Category
- Residential
- Rooms
- 3
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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