median 1,331 €/m² for comparable properties
Rent covers ~ 126% of the payment
~ 347 €/mo rent · pays for itself in ~ 15 yrs
~23,500 € ABOVE MARKET
overpriced
against the median for apartments in Slynchev Bryag (2,801 properties)
Good investment rating
The rent covers 113% 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.
This apartment is priced about 23,500 € above the typical price (the median) for apartments in Slynchev Bryag (2,801 properties) — 2,029 €/m² against 1,331 €/m².
One-room apartment in the Royal Dreams complex, located in Burgas region, Sunny Beach resort. The property is on the ground floor with an area of 34 sq m and includes an entrance hall, living room with kitchenette, bathroom with toilet, and a veranda overlooking landscaped areas. The building has an elevator and common areas are regularly maintained. The construction is brick from 2007, and the complex features 24-hour security, video surveillance, and access control. The location is about 550 m from the beach, close to a supermarket, pharmacy, restaurants, and other amenities. The property is suitable for use as a holiday home or an investment for rental.
With 20% down over 20 years the monthly mortgage payment is about 306 €, against an expected local rent of 347 €. The rent covers the whole payment (113%).
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median 1,331 €/m² for comparable properties
Rent covers ~ 126% of the payment
~ 347 €/mo rent · pays for itself in ~ 15 yrs
median 1,331 €/m² for comparable properties
Rent covers ~ 115% of the payment
~ 347 €/mo rent · pays for itself in ~ 16 yrs
median 1,331 €/m² for comparable properties
Rent covers ~ 103% of the payment
~ 458 €/mo rent · pays for itself in ~ 18 yrs
median 1,331 €/m² for comparable properties
Rent covers ~ 154% of the payment
~ 458 €/mo rent · pays for itself in ~ 12 yrs
median 1,331 €/m² for comparable properties
Rent covers ~ 119% of the payment
~ 347 €/mo rent · pays for itself in ~ 16 yrs
median 1,331 €/m² for comparable properties
Rent covers ~ 170% of the payment
~ 347 €/mo rent · pays for itself in ~ 11 yrs
median 1,331 €/m² for comparable properties
Rent covers ~ 120% of the payment
~ 458 €/mo rent · pays for itself in ~ 16 yrs
median 1,331 €/m² for comparable properties
Rent covers ~ 170% of the payment
~ 347 €/mo rent · pays for itself in ~ 11 yrs