+14% above market
median 1,674 €/m² for comparable properties
120,000 € 1,904 €/m²
Rent covers ~ 123% of the payment
~ 657 €/mo rent · pays for itself in ~ 15 yrs
Sale119,675 €1,259 €/m²
Expected rent657 € /mo
~20,500 € BELOW MARKET
good value
against the median for 3-room apartments in Madika (59 properties)
Area
95 m²
Floor
9 / 9
Construction
Brick
Year
2029
Yield analysis
Good investment rating
Monthly payment531 €20% down payment · 20 yrs · 3%
Expected rent657 €at market conditions for the neighbourhood
The rent covers 124% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 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 20,500 € below the typical price (the median) for 3-room apartments in Madika (59 properties) — 1,259 €/m² against 1,476 €/m².
Apartment with three rooms in Burgas city, Madika district. The total area is about 95 sq m and it is located on the top floor of a brick building from 2029.
The layout includes functional rooms suitable for family use, with access to an elevator and a parking space. Heating is electric.
The building is new, with controlled access and provided amenities such as parking and an elevator. The materials are brick, ensuring good insulation.
Madika district offers convenient access to transport and daily services, facilitating the residents' everyday life.
The property is suitable for people looking for a home with amenities in a new building and a functional layout in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 531 €, against an expected local rent of 657 €. The rent covers the whole payment (124%).
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 2029.
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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