+19% above market
median 1,942 €/m² for comparable properties
150,000 € 2,307 €/m²
Rent covers ~ 89% of the payment
~ 593 €/mo rent · you top up ~ 73 €/mo
Sale131,300 €1,300 €/m²
Expected rent637 € /mo
~60,000 € BELOW MARKET
good value
against the median for apartments in Izgrev (330 properties)
Area
101 m²
Floor
5 / 8
Construction
Brick
Year
2024
Yield analysis
Fair investment rating
Monthly payment583 €20% down payment · 20 yrs · 3%
Expected rent637 €at market conditions for the neighbourhood
The rent covers 109% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 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 60,000 € below the typical price (the median) for apartments in Izgrev (330 properties) — 1,300 €/m² against 1,893 €/m².
The apartment is located in the city of Burgas, Izgrev district, in a new residential building from 2024. The layout includes an entrance hall, living room, two bedrooms, bathroom with toilet, separate toilet, storage room and two terraces. The property is on the 5th floor of a total of 8, with an elevator in the building. The construction is brick, with planned underground garages and parking spaces. The area is well connected, close to public transport stops and the Sea Garden. The property is suitable for family living with convenient access to urban infrastructure.
With 20% down over 20 years the monthly mortgage payment is about 583 €, against an expected local rent of 637 €. The rent covers the whole payment (109%).
Pros and cons
AI summaryPros
- functional layout
- two terraces
- new-build
- elevator
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Questions for the viewing
Only on imotesaDerived 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 31% below the average for comparable properties.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 186 days.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- entrance hall
- living room
- bedroom
- bedroom
- bathroom
- toilet
- toilet
- storage room
- terrace
- terrace
Amenities
- Elevator
Details
- Category
- Residential
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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