+70% above market
median 1,488 €/m² for comparable properties
349,990 € 2,536 €/m²
Rent covers ~ 115% of the payment
~ 1,778 €/mo rent · pays for itself in ~ 16 yrs
Sale570,000 €2,850 €/m²
Expected rent1,778 € /mo
~272,500 € ABOVE MARKET
overpriced
against the median for houses in Banevo (36 properties)
Area
200 m²
Land Area
800 m²
Construction
Brick
Year
2019
Heating
District Heating
Yield analysis
Low investment rating
Monthly payment2,529 €20% down payment · 20 yrs · 3%
Expected rent1,778 €at market conditions for the neighbourhood
The rent covers 70% of the payment — you top up about 751 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 27 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
2 changes since listing▼ 9.5% · 60,000 €
- 630,000 €
- 650,000 €▲ 20,000 € (3.2%)
- 570,000 €▼ 80,000 € (12.3%)
Property analysis
This house is priced about 272,500 € above the typical price (the median) for houses in Banevo (36 properties) — 2,850 €/m² against 1,488 €/m².
House with 200 sq m floor area in the Banevo district, Burgas.
The layout includes spacious and bright rooms with a modern interior design and a fully equipped kitchen.
The construction is brick from 2019, with maintained common areas and secured video surveillance, as well as a parking space.
The district is quiet, close to nature, with easy access to the centre of Burgas and preserved tranquility.
The property is suitable for family living with an emphasis on comfort and peace near the city.
With 20% down over 20 years the monthly mortgage payment is about 2,529 €, against an expected local rent of 1,778 €. The rent covers 70% of it.
The asking price has fallen by 60,000 € (9.5%) since it was first listed.
Pros and cons
AI summaryPros
- functional layout
- landscaped yard
- video surveillance
- parking space
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Amenities
- With Parking
- Video Surveillance
Details
- Category
- Residential
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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