median 1,869 €/m² for comparable properties
Rent covers ~ 128% of the payment
~ 740 €/mo rent · pays for itself in ~ 15 yrs
~66,000 € BELOW MARKET
good value
against the median for apartments in Izgrev (330 properties)
Fair investment rating
The rent covers 86% of the payment — you top up about 103 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 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 66,000 € below the typical price (the median) for apartments in Izgrev (330 properties) — 1,355 €/m² against 1,893 €/m².
The apartment is located in the city of Burgas, Izgrev district, in a new residential building. It features a functional layout of 123 sq m, suitable for a three-room apartment. The building is brick, constructed in 2024, with an elevator and a total of 8 floors, with the apartment on the 5th floor. The location is convenient, close to public transport and the Sea Garden, providing easy access to main city amenities. The property is suitable for those seeking comfort and good connectivity in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 740 €, against an expected local rent of 637 €. The rent covers 86% of it.
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
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 28% 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.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,869 €/m² for comparable properties
Rent covers ~ 128% of the payment
~ 740 €/mo rent · pays for itself in ~ 15 yrs
median 1,908 €/m² for comparable properties
Rent covers ~ 67% of the payment
~ 637 €/mo rent · you top up ~ 317 €/mo
median 1,908 €/m² for comparable properties
Rent covers ~ 74% of the payment
~ 637 €/mo rent · you top up ~ 228 €/mo
median 1,908 €/m² for comparable properties
Rent covers ~ 40% of the payment
~ 637 €/mo rent · you top up ~ 960 €/mo
median 1,869 €/m² for comparable properties
Rent covers ~ 86% of the payment
~ 740 €/mo rent · you top up ~ 119 €/mo
median 1,942 €/m² for comparable properties
Rent covers ~ 92% of the payment
~ 593 €/mo rent · you top up ~ 50 €/mo
median 1,942 €/m² for comparable properties
Rent covers ~ 102% of the payment
~ 593 €/mo rent · pays for itself in ~ 18 yrs
median 1,942 €/m² for comparable properties
Rent covers ~ 89% of the payment
~ 593 €/mo rent · you top up ~ 73 €/mo