At market level
median 1,816 €/m² for comparable properties
92,000 € 1,840 €/m²
Rent covers ~ 161% of the payment
~ 657 €/mo rent · pays for itself in ~ 12 yrs
Sale102,280 €1,002 €/m²
Expected rent657 € /mo
~83,000 € BELOW MARKET
far below market
against the median for apartments in Burgas (2,996 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Area
102 m²
Floor
3 / 7
Construction
Brick
Yield analysis
Good investment rating
Monthly payment454 €20% down payment · 20 yrs · 3%
Expected rent657 €at market conditions for the neighbourhood
The rent covers 145% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 13 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 83,000 € below the typical price (the median) for apartments in Burgas (2,996 properties) — 1,002 €/m² against 1,816 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Three-room apartment in a newly built brick building in the Meden Rudnik district, Burgas.
The property has an area of 102 sq m and includes two bedrooms, living room with kitchen, bathroom with toilet, storage, corridor, entrance hall and loggia accessible from all rooms.
The building has 7 floors, the apartment is on the 3rd floor and is corner-facing, with a panoramic view from the loggia. Construction is at pre-Act 15 stage, expected to be completed by the end of 2026.
Meden Rudnik district is the largest in Burgas, with well-developed infrastructure including schools, kindergartens, medical center, supermarkets and green areas.
The property is suitable for people looking for a new home with functional layout in a developing area with amenities within walking distance.
With 20% down over 20 years the monthly mortgage payment is about 454 €, against an expected local rent of 657 €. The rent covers the whole payment (145%).
Pros and cons
AI summaryPros
- functional layout
- panoramic view
- new-build
- loggia
Cons
- pre-Act 16
- third 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 45% below the average for comparable properties.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 239 days.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- bedroom
- bedroom
- living room with kitchen
- bathroom-toilet
- storage
- corridor
- entrance hall
- loggia
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
−43% below market
median 1,816 €/m² for comparable properties
99,000 € 1,042 €/m²
Rent covers ~ 150% of the payment
~ 657 €/mo rent · pays for itself in ~ 13 yrs
−50% below market
median 1,816 €/m² for comparable properties
90,000 € 909 €/m²
Rent covers ~ 165% of the payment
~ 657 €/mo rent · pays for itself in ~ 11 yrs