+19% above market
median 1,475 €/m² for comparable properties
93,000 €1,754 €/m²
Rent covers ~ 110% of the payment
~ 454 €/mo rent · pays for itself in ~ 17 yrs
Sale96,900 €1,900 €/m²
Expected rent454 € /mo
~21,500 € ABOVE MARKET
overpriced
against the median for apartments in Ravda (755 properties)
Area
51 m²
Floor
2 / 5
Construction
Brick
Year
2012
Yield analysis
Fair investment rating
Monthly payment430 €20% down payment · 20 yrs · 3%
Expected rent454 €at market conditions for the neighbourhood
The rent covers 106% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 18 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 21,500 € above the typical price (the median) for apartments in Ravda (755 properties) — 1,900 €/m² against 1,475 €/m².
2-room apartment in Burgas region, Ravda village, located on the second floor of a five-storey brick building from 2012.
Layout: entrance hall, bathroom with toilet, living room with walk-through to kitchen and terrace, providing functional use of the space.
The building is made of brick and features an elevator, internet, video surveillance, and access control, enhancing convenience and security.
The location is close to the sea and Chernomorska St, offering easy access to the beach area and main services in the village.
The property is suitable for use as a holiday home or permanent residence with a good combination of functionality and location.
With 20% down over 20 years the monthly mortgage payment is about 430 €, against an expected local rent of 454 €. The rent covers the whole payment (106%).
Pros and cons
AI summaryPros
- functional layout
- terrace
- elevator
- near the sea
Cons
- walk-through rooms
Layout
- entrance hall
- bathroom
- living room
- kitchen
- terrace
Amenities
- Elevator
- With Transition
- Internet Connection
- Video Surveillance
- Access Control
Details
- Category
- Residential
- Rooms
- 2
- 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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