Sale

Four-room apartment with 5 terraces in Sveti Vlas

Oblast BurgasSveti Vlas
Published: 6 June 2024 Updated: 16 September 2026
Sale85,000 €625 €/m²
Expected rent461 € /mo

~124,000 € BELOW MARKET

far below market

against the median for apartments in Sveti Vlas (1,743 properties)

A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

Area
136 m²
Floor
1 / 5
Construction
Brick

Yield analysis

Good investment rating

6.5% / yr
Monthly payment377 €20% down payment · 20 yrs · 3%
Expected rent461 €at market conditions for the neighbourhood

The rent covers 122% 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.

Price history

1 change since listing▼ 11.5% · 11,000 €
  1. 96,000 €6 June 2024Initial price
  2. 85,000 €▼ 11,000 € (11.5%) 20 August 2026Price reducedCurrent

Property analysis

This apartment is priced about 124,000 € below the typical price (the median) for apartments in Sveti Vlas (1,743 properties) — 625 €/m² against 1,537 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

Apartment with 4 rooms, located in the town of Sveti Vlas, Burgas region. The property is on a high first floor in a brick building with five floors.

The layout includes 3 bedrooms, a living room, kitchen with dining area, and a total of 5 terraces, some of which are enclosed and glazed. There are three bathrooms, and each bedroom is equipped with prepared plumbing installations.

The building is brick, with no specific information about the year of construction, and the apartment has a fully southern aspect. It is located about 2 minutes on foot from the center and the beach of Sveti Vlas.

There is a free parking zone in the area, which facilitates access by car.

The property is suitable for people looking for a spacious apartment near the sea with a functional layout and amenities for family use.

With 20% down over 20 years the monthly mortgage payment is about 377 €, against an expected local rent of 461 €. The rent covers the whole payment (122%).

The asking price has fallen by 11,000 € (11.5%) since it was first listed.

Source: Market statistics for apartments in Sveti Vlas

Pros and cons

AI summary
Pros
  • functional layout
  • southern aspect
  • close to beach
  • multiple terraces
Cons
  • no elevator

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 59% below the average for comparable properties.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 849 days.

  3. Is there still room to negotiate?

    Because: The price has been cut once, by about 11%.

  4. Is there damp, is there enough daylight, and what is the noise like?

    Because: The property is on the first floor.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Layout

  • bedroom
  • bedroom
  • bedroom
  • living room
  • kitchen
  • dining area

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

Details

Category
Residential
Rooms
4
Bathrooms
3
Furnishing
Yes

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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