median 1,548 €/m² for comparable properties
Rent covers ~ 114% of the payment
~ 1,763 €/mo rent · pays for itself in ~ 17 yrs
~58,500 € 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 795% 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 58,500 € below the typical price (the median) for houses in Banevo (35 properties) — 714 €/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 70 sq m in the Banevo district, Burgas.
The layout includes three rooms, a kitchen, bathroom and toilet on the first floor, as well as a room with bathroom and toilet on the second floor. The property includes a basement and a yard of 1200 sq m.
The building was constructed in 1990 from brick and requires renovation, allowing adaptation according to personal preferences.
The location offers tranquility and proximity to nature, while being on the outskirts of the city, providing convenient access to urban infrastructure.
The property is suitable for those seeking a balance between privacy and connection to the urban environment.
With 20% down over 20 years the monthly mortgage payment is about 222 €, against an expected local rent of 1,763 €. The rent covers the whole payment (795%).
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 ~ 1204% 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