median 1,548 €/m² for comparable properties
Rent covers ~ 114% of the payment
~ 1,763 €/mo rent · pays for itself in ~ 17 yrs
~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.
Strong investment rating
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.
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%).
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,548 €/m² for comparable properties
Rent covers ~ 114% of the payment
~ 1,763 €/mo rent · pays for itself in ~ 17 yrs
median 1,548 €/m² for comparable properties
Rent covers ~ 110% of the payment
~ 1,763 €/mo rent · pays for itself in ~ 17 yrs
median 1,548 €/m² for comparable properties
Rent covers ~ 795% of the payment
~ 1,763 €/mo rent · pays for itself in ~ 2 yrs
median 1,548 €/m² for comparable properties
Rent covers ~ 1135% of the payment
~ 1,763 €/mo rent · pays for itself in ~ 2 yrs
median 1,548 €/m² for comparable properties
Rent covers ~ 70% of the payment
~ 1,763 €/mo rent · you top up ~ 766 €/mo
median 1,548 €/m² for comparable properties
Rent covers ~ 204% of the payment
~ 1,763 €/mo rent · pays for itself in ~ 9 yrs
median 1,548 €/m² for comparable properties
Rent covers ~ 256% of the payment
~ 1,763 €/mo rent · pays for itself in ~ 7 yrs
median 1,548 €/m² for comparable properties
Rent covers ~ 142% of the payment
~ 1,763 €/mo rent · pays for itself in ~ 13 yrs