median 2,500 €/m² for comparable properties
Rent covers ~ 79% of the payment
~ 790 €/mo rent · you top up ~ 208 €/mo
~86,500 € BELOW MARKET
good value
against the median for 4-room apartments in Centyr (55 properties)
Fair investment rating
The rent covers 99% of the payment — you top up about 9 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 19 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 86,500 € below the typical price (the median) for 4-room apartments in Centyr (55 properties) — 1,764 €/m² against 2,746 €/m².
The offered property is a four-room apartment with an area of 88 sq m, located in a historic building from the late 19th century in the heart of Burgas. The apartment is on the top, fourth floor and has a south aspect, providing natural light throughout the day and a sea view.
The layout allows flexible use of the space, but the dwelling is in need of full renovation and reconstruction, offering the opportunity for customization according to the future owners' needs. The building is brick, a traditional and durable construction material.
The building has architectural value and character, and the presence of a private inner courtyard accessible only to residents is a significant advantage for a property in the central urban area. The location is convenient with proximity to city infrastructure and amenities.
This property is suitable for people looking for a project with development potential who appreciate the unique character of historic buildings in central Burgas.
With 20% down over 20 years the monthly mortgage payment is about 689 €, against an expected local rent of 680 €. The rent covers 99% 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 36% below the average for comparable properties.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 237 days.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 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 4 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.
Maximum sunlight throughout the day
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 2,500 €/m² for comparable properties
Rent covers ~ 79% of the payment
~ 790 €/mo rent · you top up ~ 208 €/mo
median 2,500 €/m² for comparable properties
Rent covers ~ 93% of the payment
~ 790 €/mo rent · you top up ~ 62 €/mo
median 2,647 €/m² for comparable properties
Rent covers ~ 128% of the payment
~ 510 €/mo rent · pays for itself in ~ 15 yrs
median 2,821 €/m² for comparable properties
Rent covers ~ 120% of the payment
~ 586 €/mo rent · pays for itself in ~ 16 yrs
median 2,746 €/m² for comparable properties
Rent covers ~ 34% of the payment
~ 680 €/mo rent · you top up ~ 1,317 €/mo
median 2,821 €/m² for comparable properties
Rent covers ~ 63% of the payment
~ 586 €/mo rent · you top up ~ 345 €/mo
median 2,500 €/m² for comparable properties
Rent covers ~ 57% of the payment
~ 790 €/mo rent · you top up ~ 608 €/mo
median 2,500 €/m² for comparable properties
Rent covers ~ 94% of the payment
~ 790 €/mo rent · you top up ~ 53 €/mo