At market level
median 1,538 €/m² for comparable properties
64,000 € 1,600 €/m²
Rent covers ~ 162% of the payment
~ 461 €/mo rent · pays for itself in ~ 12 yrs
Sale67,500 €1,985 €/m²
Expected rent461 € /mo
~15,000 € ABOVE MARKET
overpriced
against the median for apartments in Sveti Vlas (1,750 properties)
Area
34 m²
Floor
3 / 7
Construction
Brick
Year
2024
Yield analysis
Strong investment rating
Monthly payment299 €20% down payment · 20 yrs · 3%
Expected rent461 €at market conditions for the neighbourhood
The rent covers 154% 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.
Property analysis
This apartment is priced about 15,000 € above the typical price (the median) for apartments in Sveti Vlas (1,750 properties) — 1,985 €/m² against 1,541 €/m².
Studio apartment with an area of 34 sq m, located in the town of Sveti Vlas, Burgas region. The property is on the third floor of a building with a total of seven floors.
The layout is compact, suitable for one person or a couple, offering the possibility for individual finishing and furnishing.
The building was constructed in 2024 with brick construction and has an issued Act 16, which guarantees completion and readiness for use.
The location is close to the beach (about 150 meters), providing convenient access to the sea area and related amenities.
The property is suitable for use as a holiday home or for short-term living, combining functionality and proximity to the sea.
With 20% down over 20 years the monthly mortgage payment is about 299 €, against an expected local rent of 461 €. The rent covers the whole payment (154%).
Pros and cons
AI summaryPros
- new building
- close to beach
- possibility for finishing
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- studio 34 sq m
Details
- Category
- Residential
- Rooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
+43% above market
median 1,541 €/m² for comparable properties
308,000 € 2,200 €/m²
Rent covers ~ 34% of the payment
~ 461 €/mo rent · you top up ~ 906 €/mo
+161% above market
median 1,541 €/m² for comparable properties
201,080 € 4,021 €/m²
Rent covers ~ 54% of the payment
~ 481 €/mo rent · you top up ~ 411 €/mo
+53% above market
median 1,541 €/m² for comparable properties
129,500 € 2,354 €/m²
Rent covers ~ 84% of the payment
~ 481 €/mo rent · you top up ~ 94 €/mo
+28% above market
median 1,541 €/m² for comparable properties
120,500 € 1,975 €/m²
Rent covers ~ 90% of the payment
~ 481 €/mo rent · you top up ~ 54 €/mo
+83% above market
median 1,541 €/m² for comparable properties
285,000 € 2,821 €/m²
Rent covers ~ 36% of the payment
~ 461 €/mo rent · you top up ~ 803 €/mo
−19% below market
median 1,541 €/m² for comparable properties
99,900 € 1,248 €/m²
Rent covers ~ 109% of the payment
~ 481 €/mo rent · pays for itself in ~ 17 yrs
+39% above market
median 1,541 €/m² for comparable properties
320,000 € 2,147 €/m²
Rent covers ~ 32% of the payment
~ 461 €/mo rent · you top up ~ 959 €/mo