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
Sale86,000 €1,535 €/m²
Expected rent481 € /mo
AT MARKET LEVEL
fairly priced
against the median for apartments in Sveti Vlas (1,750 properties)
Area
56 m²
Floor
0 / 5
Construction
Brick
Year
2010
Yield analysis
Good investment rating
Monthly payment382 €20% down payment · 20 yrs · 3%
Expected rent481 €at market conditions for the neighbourhood
The rent covers 126% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 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 at the typical price (the median) for apartments in Sveti Vlas (1,750 properties) — 1,535 €/m² against 1,541 €/m².
2-room apartment in Burgas oblast, town of Sveti Vlas, located on the ground floor of a brick building from 2010.
The layout includes a living room with kitchenette, bedroom, terrace and bathroom with toilet, with the terrace shared by both rooms and offering a sea view.
The building has Act 16, maintained common areas and features video surveillance, access control and internet. The property is part of a gated complex with a pool, children's playground and barbecue.
The location is about 200 m from the sea shore and close to a supermarket, pharmacy and eateries, providing everyday conveniences.
Suitable for use both as a holiday property and for rental due to the functional layout and amenities in the complex.
With 20% down over 20 years the monthly mortgage payment is about 382 €, against an expected local rent of 481 €. The rent covers the whole payment (126%).
Pros and cons
AI summaryPros
- functional layout
- sea view
- gated complex
- close to the sea
Cons
- ground floor
Layout
- living room
- bedroom
- terrace
Amenities
- Internet Connection
- Video Surveillance
- Access Control
- Renovated
- Gated Community
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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