−70% below market
median 1,599 €/m² for comparable properties
29,900 € 474 €/m²
Rent covers ~ 1329% of the payment
~ 1,763 €/mo rent · pays for itself in ~ 1 yrs
Sale125,000 €2,272 €/m²
Expected rent1,763 € /mo
~37,000 € ABOVE MARKET
overpriced
against the median for houses in Burgas (279 properties)
Area
55 m²
Land Area
65 m²
Construction
Brick
Yield analysis
Strong investment rating
Monthly payment555 €20% down payment · 20 yrs · 3%
Expected rent1,763 €at market conditions for the neighbourhood
The rent covers 318% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 6 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Property analysis
This house is priced about 37,000 € above the typical price (the median) for houses in Burgas (279 properties) — 2,272 €/m² against 1,599 €/m².
With 20% down over 20 years the monthly mortgage payment is about 555 €, against an expected local rent of 1,763 €. The rent covers the whole payment (318%).
Details
- Category
- Residential
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
+41% above market
median 1,599 €/m² for comparable properties
180,000 € 2,250 €/m²
Rent covers ~ 221% of the payment
~ 1,763 €/mo rent · pays for itself in ~ 9 yrs