At market level
median 1,489 €/m² for comparable properties
94,000 € 1,468 €/m²
Rent covers ~ 157% of the payment
~ 656 €/mo rent · pays for itself in ~ 12 yrs
Sale350,000 €2,058 €/m²
Expected rent656 € /mo
~112,000 € ABOVE MARKET
overpriced
against the median for 4-room apartments in Horizont (23 properties)
Area
170 m²
Floor
3 / 6
Construction
Brick
Yield analysis
Low investment rating
Monthly payment1,553 €20% down payment · 20 yrs · 3%
Expected rent656 €at market conditions for the neighbourhood
The rent covers 42% of the payment — you top up about 897 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 44 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 112,000 € above the typical price (the median) for 4-room apartments in Horizont (23 properties) — 2,058 €/m² against 1,401 €/m².
The apartment is located in the district of Horizont, Burgas and offers 170 sq m of living space.
The layout includes a living room with kitchenette, three separate bedrooms, a walk-in closet, two bathrooms, two toilets, a laundry room, a terrace, and a 10 sq m storage room.
The property is in a building with brick construction, on the third floor of six, with an elevator available and is offered unfurnished, allowing flexibility in furnishing.
The Horizont district offers a quieter urban environment, with convenient access to main roads and commercial areas, suitable for long-term living.
The property is suitable for families seeking a spacious and functional home in a developing urban area.
With 20% down over 20 years the monthly mortgage payment is about 1,553 €, against an expected local rent of 656 €. The rent covers 42% of it.
Pros and cons
AI summaryPros
- functional layout
- terrace
- elevator
- large area
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room with kitchenette
- bedroom
- bedroom
- bedroom
Amenities
- Elevator
Details
- Category
- Residential
- Rooms
- 4
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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