−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
Sale71,000 €2,088 €/m²
Expected rent349 € /mo
~25,500 € ABOVE MARKET
overpriced
against the median for apartments in Slynchev Bryag (2,814 properties)
Area
34 m²
Floor
0 / 6
Construction
Brick
Year
2013
Yield analysis
Fair investment rating
Monthly payment315 €20% down payment · 20 yrs · 3%
Expected rent349 €at market conditions for the neighbourhood
The rent covers 111% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 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 25,500 € above the typical price (the median) for apartments in Slynchev Bryag (2,814 properties) — 2,088 €/m² against 1,333 €/m².
One-room apartment in Cascadas 3 complex, Sunny Beach resort, Burgas region. The property has a floor area of 34 sq m and is located on the ground floor of a seven-storey building from 2013.
The layout includes a living room with kitchenette, bathroom with toilet and shower cabin, as well as a terrace. The rooms are walk-through and functional for a one-room apartment.
The building is brick, maintained, and has Act 16. The complex offers 24-hour security, video surveillance, restricted access, and an elevator.
The location is close to the resort center and about 700 meters from the sea, with well-developed infrastructure – supermarkets, pharmacies, restaurants, and transport connections.
The property is suitable for use as a holiday home or investment due to the amenities and proximity to the sea.
With 20% down over 20 years the monthly mortgage payment is about 315 €, against an expected local rent of 349 €. The rent covers the whole payment (111%).
Pros and cons
AI summaryPros
- terrace
- 24-hour security
- close to the sea
- elevator
Cons
- ground floor
- walk-through rooms
Layout
- living room with kitchenette
- bathroom with toilet
- terrace
Amenities
- With Transition
- Elevator
- Video Surveillance
- Access Control
- Security
- Gated Community
Details
- Category
- Residential
- Rooms
- 1
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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