median 1,599 €/m² for comparable properties
Rent covers ~ 221% of the payment
~ 1,763 €/mo rent · pays for itself in ~ 9 yrs
~71,000 € BELOW MARKET
far below market
against the median for houses in Burgas (279 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Strong investment rating
The rent covers 1329% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 1 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This house is priced about 71,000 € below the typical price (the median) for houses in Burgas (279 properties) — 474 €/m² against 1,599 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
The property is a modular, movable house with an area of 63 sq m, located in the district of Akatsiite, city of Burgas.
The layout is compact and functional, suitable as a primary or additional residence with the possibility for individual design.
The construction is made of galvanized steel with panel construction, providing quick assembly and long service life.
The location is in an urban environment with access to basic amenities and transport connections typical for the Akatsiite district.
This type of property is suitable for people seeking a quick housing solution with the possibility of relocation and adaptation according to needs.
With 20% down over 20 years the monthly mortgage payment is about 133 €, against an expected local rent of 1,763 €. The rent covers the whole payment (1329%).
This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 332 days.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,599 €/m² for comparable properties
Rent covers ~ 221% of the payment
~ 1,763 €/mo rent · pays for itself in ~ 9 yrs
median 1,599 €/m² for comparable properties
Rent covers ~ 318% of the payment
~ 1,763 €/mo rent · pays for itself in ~ 6 yrs