+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
Sale146,234 €1,260 €/m²
Expected rent657 € /mo
~25,000 € BELOW MARKET
good value
against the median for 3-room apartments in Madika (59 properties)
Area
116 m²
Floor
8 / 8
Construction
Brick
Year
2027
Yield analysis
Fair investment rating
Monthly payment649 €20% down payment · 20 yrs · 3%
Expected rent657 €at market conditions for the neighbourhood
The rent covers 101% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 19 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Property analysis
This apartment is priced about 25,000 € below the typical price (the median) for 3-room apartments in Madika (59 properties) — 1,260 €/m² against 1,476 €/m².
Three-room apartment in the Madika district, city of Burgas, located on the top eighth floor of a brick building. The total area is 116.43 sq m, providing enough space for comfortable living.
The layout includes three separate rooms, suitable for family use, with an elevator facilitating access to the property.
The building is new-build from 2027, constructed with brick material and offers access control and a parking space, contributing to security and convenience.
Madika district is part of Burgas city with good infrastructure and access to essential services and transport.
The property is suitable for buyers seeking a spacious family home with amenities in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 649 €, against an expected local rent of 657 €. The rent covers the whole payment (101%).
Pros and cons
AI summaryPros
- functional layout
- new-build
- elevator
- parking space
Cons
- top floor
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 15% below the average for comparable properties.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2027.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
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
- With Parking
- Access Control
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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