At market level
median 1,333 €/m² for comparable properties
62,000 € 1,240 €/m²
Rent covers ~ 127% of the payment
~ 349 €/mo rent · pays for itself in ~ 15 yrs
Sale59,000 €1,903 €/m²
Expected rent349 € /mo
~17,500 € ABOVE MARKET
overpriced
against the median for apartments in Slynchev Bryag (2,814 properties)
Area
31 m²
Floor
4 / 6
Construction
Brick
Year
2014
Yield analysis
Good investment rating
Monthly payment262 €20% down payment · 20 yrs · 3%
Expected rent349 €at market conditions for the neighbourhood
The rent covers 133% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 14 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 17,500 € above the typical price (the median) for apartments in Slynchev Bryag (2,814 properties) — 1,903 €/m² against 1,333 €/m².
Studio apartment with an area of 31 sq m, located in Sunny Beach resort, Burgas region. The property is on the 4th floor of a total of 6 in a brick building from 2014 and has an elevator.
The internal layout is open-plan, without a terrace, which limits outdoor use options but offers a compact and functional space.
The building is maintained and renovated, equipped with video surveillance and parking, providing additional security and convenience.
The location is close to the sea (about 200 meters) and offers access to various amenities within the complex such as pools, a restaurant, and a spa center, as well as easy access to public transport.
Suitable property for seasonal use or investment, combining the conveniences of a seaside resort with the functionality of a small dwelling.
With 20% down over 20 years the monthly mortgage payment is about 262 €, against an expected local rent of 349 €. The rent covers the whole payment (133%).
Pros and cons
AI summaryPros
- gated complex
- elevator
- close to sea
- video surveillance
Cons
- no terrace
Layout
- studio 31
Amenities
- Elevator
- With Parking
- Video Surveillance
- Renovated
Details
- Category
- Residential
- Rooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
−22% below market
median 1,333 €/m² for comparable properties
67,000 € 1,046 €/m²
Rent covers ~ 154% of the payment
~ 458 €/mo rent · pays for itself in ~ 12 yrs
+20% above market
median 1,333 €/m² for comparable properties
65,616 € 1,600 €/m²
Rent covers ~ 120% of the payment
~ 349 €/mo rent · pays for itself in ~ 16 yrs
−9% below market
median 1,333 €/m² for comparable properties
46,000 € 1,210 €/m²
Rent covers ~ 171% of the payment
~ 349 €/mo rent · pays for itself in ~ 11 yrs
At market level
median 1,333 €/m² for comparable properties
86,000 € 1,323 €/m²
Rent covers ~ 120% of the payment
~ 458 €/mo rent · pays for itself in ~ 16 yrs
−9% below market
median 1,333 €/m² for comparable properties
46,000 € 1,210 €/m²
Rent covers ~ 171% of the payment
~ 349 €/mo rent · pays for itself in ~ 11 yrs
−13% below market
median 1,333 €/m² for comparable properties
65,000 € 1,160 €/m²
Rent covers ~ 159% of the payment
~ 458 €/mo rent · pays for itself in ~ 12 yrs
+34% above market
median 1,333 €/m² for comparable properties
107,500 € 1,791 €/m²
Rent covers ~ 96% of the payment
~ 458 €/mo rent · you top up ~ 19 €/mo