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
Sale230,000 €2,190 €/m²
Expected rent461 € /mo
~68,000 € ABOVE MARKET
overpriced
against the median for apartments in Sveti Vlas (1,750 properties)
Area
105 m²
Floor
5 / 7
Construction
Brick
Year
2013
Yield analysis
Low investment rating
Monthly payment1,020 €20% down payment · 20 yrs · 3%
Expected rent461 €at market conditions for the neighbourhood
The rent covers 45% of the payment — you top up about 559 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 42 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 68,000 € above the typical price (the median) for apartments in Sveti Vlas (1,750 properties) — 2,190 €/m² against 1,541 €/m².
Three-room apartment in the Luxor complex, Sveti Vlas, Burgas region. It is located on the 5th floor of 7 in a brick building from 2013.
The layout includes an entrance hall, living room with kitchen and dining area, two bedrooms, and two terraces overlooking the sea and the pool. There is a bathroom with a shower cabin and a second toilet with a washing machine.
The building has an elevator and maintained infrastructure, and the apartment is renovated and furnished with quality furniture and appliances. The complex offers security, video surveillance, parking, and green areas.
The location is about 300 meters from the beach, in a quiet area close to shops and restaurants, suitable for year-round living or as a holiday property.
The property is suitable for people seeking convenience on the seaside with good infrastructure and recreational opportunities.
With 20% down over 20 years the monthly mortgage payment is about 1,020 €, against an expected local rent of 461 €. The rent covers 45% of it.
Pros and cons
AI summaryPros
- functional layout
- sea view
- elevator
- parking
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- entrance hall
- living room
- bedroom
- bedroom
- terrace
- terrace
- bathroom
- toilet
Amenities
- Elevator
- With Parking
- Internet Connection
- Video Surveillance
- Access Control
- Security
- Renovated
- Gated Community
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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