+57% above market
median 1,985 €/m² for comparable properties
229,000 € 3,013 €/m²
Rent covers ~ 55% of the payment
~ 559 €/mo rent · you top up ~ 457 €/mo
Sale145,000 €1,835 €/m²
Expected rent899 € /mo
~23,500 € BELOW MARKET
good value
against the median for 3-room apartments in Slaveikov (115 properties)
Area
79 m²
Floor
15 / 18
Construction
EPC
Yield analysis
Good investment rating
Monthly payment643 €20% down payment · 20 yrs · 3%
Expected rent899 €at market conditions for the neighbourhood
The rent covers 140% 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 23,500 € below the typical price (the median) for 3-room apartments in Slaveikov (115 properties) — 1,835 €/m² against 2,132 €/m².
3-room apartment in Burgas, Slaveykov district, located on the 15th floor of 18 in a building with an elevator.
The layout includes an entrance hall, kitchen, living room, walk-through bedroom, second bedroom, bathroom, toilet and terrace with east/west/south aspect.
The building is constructed with EPK prefab technology, the property needs renovation and is offered unfurnished. All main utilities and an elevator are available.
The location is close to the 2nd Police Department, bus stop, eateries and university, providing convenient access to city infrastructure.
Suitable for people looking for a home with renovation potential in a well-developed area of Burgas.
With 20% down over 20 years the monthly mortgage payment is about 643 €, against an expected local rent of 899 €. The rent covers the whole payment (140%).
Source: Market statistics for 3-room apartments in Slaveikov
Pros and cons
AI summaryPros
- functional layout
- elevator
- terrace
- east/west/south aspect
Cons
- needs renovation
- walk-through bedroom
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 14% below the average for comparable properties.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- entrance hall
- kitchen
- living room
- bedroom
- bedroom
- bathroom
- toilet
- terrace
Amenities
- Elevator
Exposure
AI summarySSouth
Maximum sunlight throughout the day
EEast
Morning sun, cooler afternoons
WWest
Afternoon and evening sun
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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