+22% above market
median 1,674 €/m² for comparable properties
112,500 € 2,045 €/m²
Rent covers ~ 131% of the payment
~ 656 €/mo rent · pays for itself in ~ 14 yrs
Sale123,387 €1,259 €/m²
Expected rent656 € /mo
~21,500 € BELOW MARKET
good value
against the median for 3-room apartments in Madika (59 properties)
Area
98 m²
Floor
1 / 8
Construction
Brick
Year
2028
Yield analysis
Good investment rating
Monthly payment547 €20% down payment · 20 yrs · 3%
Expected rent656 €at market conditions for the neighbourhood
The rent covers 120% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 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 21,500 € below the typical price (the median) for 3-room apartments in Madika (59 properties) — 1,259 €/m² against 1,476 €/m².
The apartment is located in the city of Burgas, Madika district, on the first floor of an eight-storey building. The layout includes three rooms with a total area of about 98 sq m, allowing comfortable use for a family. The building is new-build from 2028, constructed with brick materials and features an elevator and access control. Madika district offers a quiet urban environment with parking options and access to essential amenities. The property is suitable for family use with a balance between comfort and functionality.
With 20% down over 20 years the monthly mortgage payment is about 547 €, against an expected local rent of 656 €. The rent covers the whole payment (120%).
Pros and cons
AI summaryPros
- functional layout
- new-build
- elevator
- access control
Cons
- ground 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 2028.
Is there damp, is there enough daylight, and what is the noise like?
Because: The property is on the first 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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