median 1,474 €/m² for comparable properties
Rent covers ~ 70% of the payment
~ 421 €/mo rent · you top up ~ 177 €/mo
~17,000 € ABOVE MARKET
overpriced
against the median for apartments in Ravda (745 properties)
Fair investment rating
The rent covers 100% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 19 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 17,000 € above the typical price (the median) for apartments in Ravda (745 properties) — 1,792 €/m² against 1,474 €/m².
Two-room apartment in Ravda village, Burgas region, part of the gated complex Melia 8. The total area is 53 sq m, including ideal parts of the common areas of the building.
The layout includes an entrance hall, bathroom with toilet and shower cabin, living room with kitchenette, bedroom and balcony accessible from both main rooms. The flooring is laminate and tiles, and the kitchen is equipped with basic appliances.
The building is brick from 2012, with an elevator and video surveillance, and the complex offers a swimming pool, playground and guarded territory. Internet is provided and maintenance costs are about 530 euros annually.
The location is on a quiet street, about 300 m from the sea and close to the central shopping street of Ravda with shops and restaurants. Two beaches are within walking distance.
The property is suitable for seasonal use or as a holiday home thanks to the amenities and proximity to the sea.
With 20% down over 20 years the monthly mortgage payment is about 421 €, against an expected local rent of 421 €. The rent covers the whole payment (100%).
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 1,474 €/m² for comparable properties
Rent covers ~ 70% of the payment
~ 421 €/mo rent · you top up ~ 177 €/mo
median 1,474 €/m² for comparable properties
Rent covers ~ 73% of the payment
~ 421 €/mo rent · you top up ~ 156 €/mo
median 1,474 €/m² for comparable properties
Rent covers ~ 68% of the payment
~ 421 €/mo rent · you top up ~ 200 €/mo
median 1,474 €/m² for comparable properties
Rent covers ~ 127% of the payment
~ 421 €/mo rent · pays for itself in ~ 15 yrs
median 1,474 €/m² for comparable properties
Rent covers ~ 113% of the payment
~ 421 €/mo rent · pays for itself in ~ 17 yrs
median 1,474 €/m² for comparable properties
Rent covers ~ 125% of the payment
~ 421 €/mo rent · pays for itself in ~ 15 yrs
median 1,474 €/m² for comparable properties
Rent covers ~ 136% of the payment
~ 421 €/mo rent · pays for itself in ~ 14 yrs
median 1,474 €/m² for comparable properties
Rent covers ~ 51% of the payment
~ 421 €/mo rent · you top up ~ 409 €/mo