median 1,489 €/m² for comparable properties
Rent covers ~ 157% of the payment
~ 656 €/mo rent · pays for itself in ~ 12 yrs
~19,000 € BELOW MARKET
good value
against the median for 4-room apartments in Horizont (23 properties)
Low investment rating
The rent covers 71% of the payment — you top up about 267 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 26 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 19,000 € below the typical price (the median) for 4-room apartments in Horizont (23 properties) — 1,283 €/m² against 1,401 €/m².
Large apartment in the Horizont district, city of Burgas, with an area of 162 sq m. The property is located in a low-rise building, built in 2012 from brick materials.
The layout is over two floors with two bedrooms, kitchen with living room, two bathrooms and two terraces on the first floor and another separate bedroom on the second. This provides good functionality and convenience for a large family.
The apartment is offered fully furnished and ready to move in, which facilitates use without additional renovations or investments.
The Horizont district is a quiet area with low-rise buildings, close to the Sea Garden and the city centre, providing convenient access to essential services and green spaces.
The property is suitable for family use, combining a comfortable layout and good location in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 923 €, against an expected local rent of 656 €. The rent covers 71% of it.
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The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,489 €/m² for comparable properties
Rent covers ~ 157% of the payment
~ 656 €/mo rent · pays for itself in ~ 12 yrs
median 1,489 €/m² for comparable properties
Rent covers ~ 164% of the payment
~ 656 €/mo rent · pays for itself in ~ 11 yrs
median 1,489 €/m² for comparable properties
Rent covers ~ 186% of the payment
~ 656 €/mo rent · pays for itself in ~ 10 yrs
median 1,566 €/m² for comparable properties
Rent covers ~ 117% of the payment
~ 656 €/mo rent · pays for itself in ~ 16 yrs
median 1,489 €/m² for comparable properties
Rent covers ~ 144% of the payment
~ 656 €/mo rent · pays for itself in ~ 13 yrs
median 1,401 €/m² for comparable properties
Rent covers ~ 42% of the payment
~ 656 €/mo rent · you top up ~ 897 €/mo
median 1,401 €/m² for comparable properties
Rent covers ~ 42% of the payment
~ 656 €/mo rent · you top up ~ 897 €/mo
median 1,566 €/m² for comparable properties
Rent covers ~ 110% of the payment
~ 656 €/mo rent · pays for itself in ~ 17 yrs