Sale

4-room apartment with panoramic view in the Center of Burgas

BurgasCentyr
Published: 8 May 2026 Updated: 6 September 2026
Sale125,000 €1,524 €/m²
Expected rent681 € /mo

~100,000 € BELOW MARKET

far below market

against the median for 4-room apartments in Centyr (55 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
82 m²
Floor
3 / 3
Construction
Brick
Year
1920

Yield analysis

Good investment rating

6.5% / yr
Monthly payment555 €20% down payment · 20 yrs · 3%
Expected rent681 €at market conditions for the neighbourhood

The rent covers 123% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

3 changes since listing▼ 16.1% · 24,000 €
  1. 149,000 €8 May 2026Initial price
  2. 144,900 €▼ 4,100 € (2.8%) 16 June 2026Price reduced
  3. 132,000 €▼ 12,900 € (8.9%) 6 August 2026Price reduced
  4. 125,000 €▼ 7,000 € (5.3%) 6 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 100,000 € below the typical price (the median) for 4-room apartments in Centyr (55 properties) — 1,524 €/m² against 2,746 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

The apartment is located in Burgas city, Center, in a boutique historic building. It features a living room, two bedrooms, kitchen, study, bathroom-toilet and terrace. The building was constructed in 1920, with brick construction and is on the top floor (3 of 3). The building was renovated in 2021 with a new roof and new window frames. The location is in the heart of the city, close to administrative buildings, with a panoramic view of the port and the sea. The property is suitable for people looking for a home with character and a central location but requires updating.

With 20% down over 20 years the monthly mortgage payment is about 555 €, against an expected local rent of 681 €. The rent covers the whole payment (123%).

The asking price has fallen by 24,000 € (16.1%) since it was first listed.

Source: Market statistics for 4-room apartments in Centyr

Pros and cons

AI summary
Pros
  • panoramic view
  • renovated building
  • boutique building
  • central location
Cons
  • top floor
  • needs updating

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. 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.

  2. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 3 times — about 16% below the original asking price.

  3. Have the risers been replaced, and when was the roof last repaired?

    Because: The building dates from 1920 — about 106 years old.

  4. What condition is the roof in, and does it overheat in summer?

    Because: The property is on the top floor.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Layout

  • living room
  • bedroom
  • bedroom
  • kitchen
  • study

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

NNorth

Even light, cooler during summer

Details

Category
Residential
Rooms
4
Bathrooms
1

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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