+49% above market
median 2,026 €/m² for comparable properties
229,000 € 3,013 €/m²
Rent covers ~ 61% of the payment
~ 621 €/mo rent · you top up ~ 395 €/mo
Sale210,000 €2,210 €/m²
Expected rent730 € /mo
~22,000 € ABOVE MARKET
above market
against the median for 4-room apartments in Slaveikov (24 properties)
Area
95 m²
Floor
7 / 8
Construction
Brick
Year
1980
Heating
District Heating
Yield analysis
Fair investment rating
Monthly payment932 €20% down payment · 20 yrs · 3%
Expected rent730 €at market conditions for the neighbourhood
The rent covers 78% 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.
Property analysis
This apartment is priced about 22,000 € above the typical price (the median) for 4-room apartments in Slaveikov (24 properties) — 2,210 €/m² against 1,980 €/m².
4-room apartment in Burgas city, Slaveykov district, located on the 7th floor of 8 in a brick building from 1980.
The layout includes a corridor, living room, two bedrooms, separate kitchen and dining room, bathroom and toilet, as well as three separate terraces with different aspects, including sea view.
The building is brick with an elevator and district heating, and the apartment needs full renovation. The property includes a basement storage room, attic space, and half a storage unit.
The location is close to Arena-Burgas sports hall and offers convenient access to parking in front of the entrance.
Suitable for families or people looking for a spacious apartment with potential for customization in the central part of the city.
With 20% down over 20 years the monthly mortgage payment is about 932 €, against an expected local rent of 730 €. The rent covers 78% of it.
Source: Market statistics for 4-room apartments in Slaveikov
Pros and cons
AI summaryPros
- functional layout
- three terraces
- district heating
- elevator
Cons
- needs full renovation
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
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 1980 — about 46 years old.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Amenities
- Elevator
- With Parking
- Needs Renovation
Exposure
AI summarySSouth
Maximum sunlight throughout the day
NNorth
Even light, cooler during summer
EEast
Morning sun, cooler afternoons
Details
- Category
- Residential
- Rooms
- 4
- Bathrooms
- 2
Location
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