Sale

House with 700 sq m yard in Banevo, Burgas

BurgasBanevo
Published: 5 January 2026 Updated: 1 October 2026
Sale33,000 €550 €/m²
Expected rent1,763 € /mo

~60,000 € BELOW MARKET

far below market

against the median for houses in Banevo (35 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
60 m²
Land Area
700 m²
Construction
Brick

Yield analysis

Strong investment rating

64.1% / yr
Monthly payment146 €20% down payment · 20 yrs · 3%
Expected rent1,763 €at market conditions for the neighbourhood

The rent covers 1204% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 2 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 60,000 € below the typical price (the median) for houses in Banevo (35 properties) — 550 €/m² against 1,548 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

House with an area of 60 sq m is located in the district of Banevo, Burgas.
The layout includes main rooms, with the house unfinished and requiring additional investment to complete.
The construction is brick, providing good insulation, but there are no details about the year of construction or available amenities.
The location offers quiet, a green garden, and clean air, about 15 minutes from the center of Burgas.
The property is suitable for those seeking tranquility and the opportunity to complete it according to personal preferences.

With 20% down over 20 years the monthly mortgage payment is about 146 €, against an expected local rent of 1,763 €. The rent covers the whole payment (1204%).

Source: Market statistics for houses in Banevo

Pros and cons

AI summary
Pros
  • 700 sq m yard
  • quiet district
  • brick construction
Cons
  • needs finishing
  • lack of amenities information

Layout

  • house 60 sq m

Details

Category
Residential

Approximate location

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

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