median 1,980 €/m² for comparable properties
Rent covers ~ 110% of the payment
~ 729 €/mo rent · pays for itself in ~ 17 yrs
~12,500 € BELOW MARKET
good value
against the median for 3-room apartments in Slaveikov (115 properties)
Strong investment rating
The rent covers 174% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 11 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 12,500 € below the typical price (the median) for 3-room apartments in Slaveikov (115 properties) — 1,916 €/m² against 2,125 €/m².
Apartment with three separate rooms in the Slaveykov district, Burgas. The property is located on the first floor of an eight-storey prefab panel building.
The layout includes a bedroom, living room, kitchen, bathroom with toilet, and corridor, with each room having access to a large terrace. It can be converted into an apartment with two bedrooms and a living room with kitchen.
The building is prefab panel from 1980, equipped with an elevator, but the apartment requires full renovation.
The location is convenient, close to schools, childcare facilities, pharmacies, bus stops, and commercial outlets such as Mall Galleria and Billa supermarket. Slaveykov Park is also nearby.
The property is suitable for those seeking a home in the central part of the city with the possibility to renovate according to personal preferences.
With 20% down over 20 years the monthly mortgage payment is about 510 €, against an expected local rent of 889 €. The rent covers the whole payment (174%).
Source: Market statistics for 3-room apartments in Slaveikov
Derived from this specific property's data — not a generic checklist. Take them with you.
What is the scope of the work, and are there hidden problems with the wiring or plumbing?
Because: The listing states that the property needs renovation.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 years old.
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.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,980 €/m² for comparable properties
Rent covers ~ 110% of the payment
~ 729 €/mo rent · pays for itself in ~ 17 yrs
median 2,022 €/m² for comparable properties
Rent covers ~ 78% of the payment
~ 627 €/mo rent · you top up ~ 180 €/mo
median 2,022 €/m² for comparable properties
Rent covers ~ 91% of the payment
~ 627 €/mo rent · you top up ~ 61 €/mo
median 2,022 €/m² for comparable properties
Rent covers ~ 166% of the payment
~ 627 €/mo rent · pays for itself in ~ 11 yrs
median 2,022 €/m² for comparable properties
Rent covers ~ 123% of the payment
~ 627 €/mo rent · pays for itself in ~ 15 yrs
median 2,125 €/m² for comparable properties
Rent covers ~ 138% of the payment
~ 889 €/mo rent · pays for itself in ~ 14 yrs
median 1,980 €/m² for comparable properties
Rent covers ~ 78% of the payment
~ 729 €/mo rent · you top up ~ 203 €/mo
median 2,022 €/m² for comparable properties
Rent covers ~ 169% of the payment
~ 627 €/mo rent · pays for itself in ~ 11 yrs