+49% above market
median 2,026 €/m² for comparable properties
229,000 € 3,013 €/m²
Rent covers ~ 61% of the payment
~ 621 €/mo rent · you top up ~ 395 €/mo
Sale123,900 €2,031 €/m²
Expected rent899 € /mo
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Slaveikov (115 properties)
Area
61 m²
Floor
8 / 8
Construction
Panel
Year
1970
Yield analysis
Strong investment rating
Monthly payment550 €20% down payment · 20 yrs · 3%
Expected rent899 €at market conditions for the neighbourhood
The rent covers 164% 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.
Property analysis
This apartment is priced at the typical price (the median) for 3-room apartments in Slaveikov (115 properties) — 2,031 €/m² against 2,132 €/m².
The apartment is located in the city of Burgas, Slaveykov district, in a residential block from 1970 with prefab panel construction. The layout includes three separate rooms, a bathroom with toilet, a laundry room, and two terraces, providing functional use of the space. The property is on the top eighth floor in an insulated block with maintained common areas but lacks additional amenities such as an elevator. The location is close to NBU Mihail Lakatnik and offers access to urban infrastructure. The property is suitable for remodeling and adaptation according to the needs of future occupants.
With 20% down over 20 years the monthly mortgage payment is about 550 €, against an expected local rent of 899 €. The rent covers the whole payment (164%).
Source: Market statistics for 3-room apartments in Slaveikov
Pros and cons
AI summaryPros
- three separate rooms
- two terraces
- insulated block
- functional layout
Cons
- top floor
- prefab panel construction
- no elevator
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
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 1970 — about 56 years old.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
Is there a lift in the building, and what condition is it in?
Because: The property is on floor 8 and the listing does not mention a lift.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- room
- room
- room
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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