−61% below market
median 1,488 €/m² for comparable properties
35,000 € 583 €/m²
Rent covers ~ 1145% of the payment
~ 1,778 €/mo rent · pays for itself in ~ 2 yrs
Sale349,990 €2,536 €/m²
Expected rent1,778 € /mo
~144,500 € ABOVE MARKET
overpriced
against the median for houses in Banevo (36 properties)
Area
138 m²
Land Area
685 m²
Floor
3 / 3
Construction
Brick
Year
2023
Yield analysis
Good investment rating
Monthly payment1,553 €20% down payment · 20 yrs · 3%
Expected rent1,778 €at market conditions for the neighbourhood
The rent covers 115% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 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 144,500 € above the typical price (the median) for houses in Banevo (36 properties) — 2,536 €/m² against 1,488 €/m².
The house is located in a quiet and preferred area of Banevo district, Burgas city. The property has a total area of 138 sq m, spread over three floors.
The layout includes a living room, lounge, kitchen, three bedrooms and three bathrooms, with two terraces. The property also has a separate building and parking space in the yard.
The construction is brick from 2023, with centralized water supply and sewage, and the house is finished turnkey.
The location offers peace and quiet, about 15 minutes by car from the city centre and close to a kindergarten.
The property is suitable for family use with amenities for comfortable living outside the central urban area.
With 20% down over 20 years the monthly mortgage payment is about 1,553 €, against an expected local rent of 1,778 €. The rent covers the whole payment (115%).
Pros and cons
AI summaryPros
- functional layout
- large yard
- new brick construction
- parking space in yard
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room
- corridor
- corridor
- bathroom
- lounge
- bedroom
- kitchen
- bathroom
- studio
- sanitary unit
Details
- Category
- Residential
- Bathrooms
- 3
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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