median 1,331 €/m² for comparable properties
Rent covers ~ 126% of the payment
~ 347 €/mo rent · pays for itself in ~ 15 yrs
AT MARKET LEVEL
fairly priced
against the median for apartments in Slynchev Bryag (2,801 properties)
Strong investment rating
The rent covers 157% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 12 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 at the typical price (the median) for apartments in Slynchev Bryag (2,801 properties) — 1,245 €/m² against 1,331 €/m².
Studio apartment with an area of 40 sq m, located in Sunny Beach resort, Burgas region. The property is on the second floor of a four-storey brick building from 2010.
The layout is walk-through, without a separate bedroom, with one bathroom and a balcony overlooking the landscaped courtyard. The interior space is functional for one person or a couple.
The building is brick, with an occupancy permit (Act 16), heating is provided by electric heaters and air conditioning. There are PVC windows and physical security for the complex.
The location offers tranquility in a gated complex with parking space and security, suitable for year-round use. The area is urbanised and close to main amenities.
The property is suitable for people seeking a compact home in a secure environment with the option for seasonal or permanent residence.
With 20% down over 20 years the monthly mortgage payment is about 221 €, against an expected local rent of 347 €. The rent covers the whole payment (157%).
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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