+11% above market
median 2,500 €/m² for comparable properties
225,000 € 2,777 €/m²
Rent covers ~ 79% of the payment
~ 790 €/mo rent · you top up ~ 208 €/mo
Sale149,000 €1,164 €/m²
Expected rent680 € /mo
~190,000 € BELOW MARKET
far below market
against the median for apartments in Centyr (212 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Area
128 m²
Floor
5 / 6
Construction
Brick
Yield analysis
Fair investment rating
Monthly payment661 €20% down payment · 20 yrs · 3%
Expected rent680 €at market conditions for the neighbourhood
The rent covers 103% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 18 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 190,000 € below the typical price (the median) for apartments in Centyr (212 properties) — 1,164 €/m² against 2,647 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Maisonette with an area of 128 sq m is located in Burgas city, Center, near PMG and the Sea Garden.
The layout includes a living room with kitchenette, bedroom and bathroom on the first level, as well as a second bedroom with toilet and jacuzzi area on the second level, plus two terraces with a total area of 18 sq m.
The apartment is in a brick building on the 5th of 6 floors, without an elevator, and is in need of renovation.
The location is a quiet street in the center, close to schools, kindergartens and administrative services.
It is suitable for people looking for a property in a central urban environment with the possibility to personalise through renovation.
With 20% down over 20 years the monthly mortgage payment is about 661 €, against an expected local rent of 680 €. The rent covers the whole payment (103%).
Pros and cons
AI summaryPros
- panoramic terrace
- functional layout
- central location
Cons
- no elevator
- needs renovation
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 56% below the average for comparable properties.
Is there a lift in the building, and what condition is it in?
Because: The property is on floor 5 and the listing does not mention a lift.
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
- toilet
- bathroom
- toilet
Details
- Category
- Residential
- Rooms
- 5
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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