median 1,478 €/m² for comparable properties
Rent covers ~ 48% of the payment
~ 421 €/mo rent · you top up ~ 462 €/mo
~13,000 € ABOVE MARKET
above market
against the median for apartments in Ravda (749 properties)
Fair investment rating
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.
This apartment is priced about 13,000 € above the typical price (the median) for apartments in Ravda (749 properties) — 1,728 €/m² against 1,478 €/m².
Two-room apartment in the gated complex Elitonia Gardens-3, located in Ravda village, Burgas region. The property is on the 5th floor of 6 with an elevator and an area of 52 sq m.
The layout includes a spacious living room with kitchenette, walk-through bedroom, bathroom with toilet, and terrace with a view.
The building is new-build from 2021, constructed with brick materials, offering all necessary amenities such as elevator, parking, and security.
The complex has its own infrastructure – three outdoor pools, playgrounds, and green areas, located about 350 meters from Olympiyski Nadezhdi beach.
The property is suitable for year-round living or rental, combining convenience and location close to the sea.
With 20% down over 20 years the monthly mortgage payment is about 399 €, against an expected local rent of 421 €. The rent covers the whole payment (106%).
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,478 €/m² for comparable properties
Rent covers ~ 48% of the payment
~ 421 €/mo rent · you top up ~ 462 €/mo
median 1,478 €/m² for comparable properties
Rent covers ~ 94% of the payment
~ 421 €/mo rent · you top up ~ 27 €/mo
median 1,478 €/m² for comparable properties
Rent covers ~ 29% of the payment
~ 421 €/mo rent · you top up ~ 1,044 €/mo
median 1,478 €/m² for comparable properties
Rent covers ~ 33% of the payment
~ 421 €/mo rent · you top up ~ 841 €/mo
median 1,478 €/m² for comparable properties
Rent covers ~ 43% of the payment
~ 421 €/mo rent · you top up ~ 550 €/mo
median 1,478 €/m² for comparable properties
Rent covers ~ 110% of the payment
~ 421 €/mo rent · pays for itself in ~ 17 yrs
median 1,478 €/m² for comparable properties
Rent covers ~ 28% of the payment
~ 421 €/mo rent · you top up ~ 1,088 €/mo
median 1,478 €/m² for comparable properties
Rent covers ~ 72% of the payment
~ 421 €/mo rent · you top up ~ 165 €/mo