median 1,551 €/m² for comparable properties
Rent covers ~ 154% of the payment
~ 444 €/mo rent · pays for itself in ~ 12 yrs
~212,000 € BELOW MARKET
far below market
against the median for apartments in Pomorie (904 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Low investment rating
The rent covers 50% of the payment — you top up about 439 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 37 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 212,000 € below the typical price (the median) for apartments in Pomorie (904 properties) — 750 €/m² against 1,551 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
3-room apartment in Pomorie, Burgas region, located in the Old Town on the 4th floor of a five-storey prefab panel building.
The layout includes a living room, two bedrooms, two bathrooms with jacuzzi and steam bath, as well as a large terrace with panoramic view. The area of 265 sq m provides space and possibilities for various functional zones.
The building was constructed in 2015, with a prefab panel structure. The property needs renovation, which implies additional investment for interior updating and condition improvement.
The location is about 50 meters from the sea shore, close to the central part of the Old Town, providing convenient access to the beach and city infrastructure.
This property is suitable for those seeking a spacious apartment near the sea with the possibility to customize through renovation and adaptation to individual needs.
With 20% down over 20 years the monthly mortgage payment is about 883 €, against an expected local rent of 444 €. The rent covers 50% of it.
Derived from this specific property's data — not a generic checklist. Take them with you.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 52% below the average for comparable properties.
What is the scope of the work, and are there hidden problems with the wiring or plumbing?
Because: The listing states that the property needs renovation.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
Is there a lift in the building, and what condition is it in?
Because: The property is on floor 4 and the listing does not mention a lift.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,551 €/m² for comparable properties
Rent covers ~ 154% of the payment
~ 444 €/mo rent · pays for itself in ~ 12 yrs
median 1,551 €/m² for comparable properties
Rent covers ~ 91% of the payment
~ 426 €/mo rent · you top up ~ 40 €/mo
median 1,551 €/m² for comparable properties
Rent covers ~ 115% of the payment
~ 426 €/mo rent · pays for itself in ~ 16 yrs
median 1,551 €/m² for comparable properties
Rent covers ~ 51% of the payment
~ 444 €/mo rent · you top up ~ 430 €/mo
median 1,551 €/m² for comparable properties
Rent covers ~ 65% of the payment
~ 444 €/mo rent · you top up ~ 241 €/mo
median 1,551 €/m² for comparable properties
Rent covers ~ 74% of the payment
~ 444 €/mo rent · you top up ~ 159 €/mo
median 1,551 €/m² for comparable properties
Rent covers ~ 99% of the payment
~ 426 €/mo rent · you top up ~ 5 €/mo
median 1,551 €/m² for comparable properties
Rent covers ~ 88% of the payment
~ 444 €/mo rent · you top up ~ 62 €/mo