median 1,035 €/m² for comparable properties
Rent covers ~ 226% of the payment
~ 656 €/mo rent · pays for itself in ~ 8 yrs
~54,000 € ABOVE MARKET
overpriced
against the median for apartments in Meden Rudnik - Zona G (14 properties)
Good investment rating
The rent covers 129% 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.
This apartment is priced about 54,000 € above the typical price (the median) for apartments in Meden Rudnik - Zona G (14 properties) — 1,949 €/m² against 1,035 €/m².
Apartment with three rooms and a private yard, located in the Meden Rudnik residential complex, Zone G, Burgas. The property has an area of 59 sq m and includes a basement of 9 sq m.
The layout is functional with a living room, bedroom, corridor, and bathroom with toilet. It has a separate entrance and direct access to the yard area of about 30 sq m.
The building is a three-storey brick construction from 2010, equipped with a fireplace with water jacket, solar panel for hot water, and two air conditioners. Heating can be combined between the fireplace and the electric grid.
The location is well connected, close to a school, shops, and other amenities, which facilitates the daily life of the residents.
The property is suitable for families seeking a functional home with additional conveniences such as a yard and parking space in a low-rise building.
With 20% down over 20 years the monthly mortgage payment is about 510 €, against an expected local rent of 656 €. The rent covers the whole payment (129%).
Source: Market statistics for apartments in Meden Rudnik - Zona G
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,035 €/m² for comparable properties
Rent covers ~ 226% of the payment
~ 656 €/mo rent · pays for itself in ~ 8 yrs
median 1,035 €/m² for comparable properties
Rent covers ~ 230% of the payment
~ 656 €/mo rent · pays for itself in ~ 8 yrs
median 1,035 €/m² for comparable properties
Rent covers ~ 238% of the payment
~ 656 €/mo rent · pays for itself in ~ 8 yrs
median 1,035 €/m² for comparable properties
Rent covers ~ 353% of the payment
~ 656 €/mo rent · pays for itself in ~ 5 yrs
median 1,035 €/m² for comparable properties
Rent covers ~ 152% of the payment
~ 656 €/mo rent · pays for itself in ~ 12 yrs
median 1,035 €/m² for comparable properties
Rent covers ~ 214% of the payment
~ 656 €/mo rent · pays for itself in ~ 9 yrs
median 1,035 €/m² for comparable properties
Rent covers ~ 152% of the payment
~ 656 €/mo rent · pays for itself in ~ 12 yrs
median 1,035 €/m² for comparable properties
Rent covers ~ 253% of the payment
~ 656 €/mo rent · pays for itself in ~ 7 yrs