At market level
median 1,331 €/m² for comparable properties
62,000 € 1,240 €/m²
Rent covers ~ 126% of the payment
~ 347 €/mo rent · pays for itself in ~ 15 yrs
Sale31,000 €1,347 €/m²
Expected rent347 € /mo
AT MARKET LEVEL
fairly priced
against the median for apartments in Slynchev Bryag (2,801 properties)
Area
23 m²
Floor
2 / 5
Construction
Brick
Year
2011
Yield analysis
Strong investment rating
Monthly payment138 €20% down payment · 20 yrs · 3%
Expected rent347 €at market conditions for the neighbourhood
The rent covers 252% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 7 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 at the typical price (the median) for apartments in Slynchev Bryag (2,801 properties) — 1,347 €/m² against 1,331 €/m².
Studio apartment with an area of 23 sq m, located in Burgas region, Sunny Beach resort. It is situated on the 2nd floor of a five-storey building.
The layout includes one spacious room, a bathroom, and a terrace, providing basic functionality for one person or a couple.
The building was constructed in 2011 with brick construction and offers basic amenities such as parking. The apartment is partially renovated but requires minor finishing works.
The location is in the central part of the resort, on a quiet street, close to a water park, shops, public transport connections, and the sea shore about 450 meters away.
The property is suitable both for seasonal use and for rental due to its convenient location and compact size.
With 20% down over 20 years the monthly mortgage payment is about 138 €, against an expected local rent of 347 €. The rent covers the whole payment (252%).
Pros and cons
AI summaryPros
- close to the sea
- terrace
- parking
- brick construction
Cons
- needs minor renovation
Amenities
- With Parking
- Renovated
Details
- Category
- Residential
- Rooms
- 1
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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