median 2,512 €/m² for comparable properties
Rent covers ~ 60% of the payment
~ 789 €/mo rent · you top up ~ 517 €/mo
~75,500 € BELOW MARKET
good value
against the median for 4-room apartments in Centyr (55 properties)
Fair investment rating
The rent covers 77% of the payment — you top up about 202 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 24 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 75,500 € below the typical price (the median) for 4-room apartments in Centyr (55 properties) — 1,970 €/m² against 2,746 €/m².
The apartment is located in Burgas, in the Center area. It features a spacious living room with dining area, separate kitchen, three bedrooms, bathroom with toilet, separate toilet, laundry room and three terraces. The property is on the second floor of eight, in a building with brick construction from 1970 and includes an elevator and parking space. The location is convenient, close to institutions, bus stops, park, shops, schools and kindergartens. The property requires renovation, offering the opportunity for redesign according to the needs of the new owner. This is a suitable property for a family seeking a home with potential in a central urban environment.
With 20% down over 20 years the monthly mortgage payment is about 883 €, against an expected local rent of 681 €. The rent covers 77% of it.
Derived 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 28% below the average for comparable properties.
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.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1970 — about 56 years old.
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 2,512 €/m² for comparable properties
Rent covers ~ 60% of the payment
~ 789 €/mo rent · you top up ~ 517 €/mo
median 2,788 €/m² for comparable properties
Rent covers ~ 53% of the payment
~ 586 €/mo rent · you top up ~ 521 €/mo
median 2,788 €/m² for comparable properties
Rent covers ~ 58% of the payment
~ 586 €/mo rent · you top up ~ 430 €/mo
median 2,647 €/m² for comparable properties
Rent covers ~ 128% of the payment
~ 510 €/mo rent · pays for itself in ~ 15 yrs
median 2,512 €/m² for comparable properties
Rent covers ~ 78% of the payment
~ 789 €/mo rent · you top up ~ 227 €/mo
median 2,647 €/m² for comparable properties
Rent covers ~ 96% of the payment
~ 510 €/mo rent · you top up ~ 22 €/mo
median 2,512 €/m² for comparable properties
Rent covers ~ 81% of the payment
~ 789 €/mo rent · you top up ~ 187 €/mo
median 2,788 €/m² for comparable properties
Rent covers ~ 59% of the payment
~ 586 €/mo rent · you top up ~ 402 €/mo