+19% above market
median 1,937 €/m² for comparable properties
150,000 € 2,307 €/m²
Rent covers ~ 89% of the payment
~ 593 €/mo rent · you top up ~ 73 €/mo
Sale114,425 €1,257 €/m²
Expected rent637 € /mo
~58,000 € BELOW MARKET
good value
against the median for apartments in Izgrev (330 properties)
Area
91 m²
Floor
3 / 8
Construction
Brick
Year
2024
Yield analysis
Good investment rating
Monthly payment508 €20% down payment · 20 yrs · 3%
Expected rent637 €at market conditions for the neighbourhood
The rent covers 125% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 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 58,000 € below the typical price (the median) for apartments in Izgrev (330 properties) — 1,257 €/m² against 1,893 €/m².
Apartment with an area of 91 sq m, located in the district of Izgrev, Burgas. The property is part of a new building, constructed in 2024.
The layout includes a living room, two bedrooms, two bathrooms with toilets, storage room and terrace, providing functional use of the space.
The building is brick, with an elevator and secured parking spaces and underground garages, which adds to the convenience for residents.
The location is well connected, close to public transport stops and within walking distance to the Sea Garden, offering good access to the city infrastructure.
The property is suitable for people looking for a comfortable and practical home in the central part of Burgas.
With 20% down over 20 years the monthly mortgage payment is about 508 €, against an expected local rent of 637 €. The rent covers the whole payment (125%).
Pros and cons
AI summaryPros
- functional layout
- new building
- elevator
- close to public transport
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 34% 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
- living room
- bedroom
- bedroom
- bathroom
- bathroom
- storage room
- 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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