Sale

House in Burgas, Cherno more

BurgasCherno more
Published: 3 January 2026 Updated: 3 September 2026
Sale250,000 €1,582 €/m²
Expected rent1,778 € /mo

~95,500 € ABOVE MARKET

overpriced

against the median for houses in Cherno more (10 properties)

Area
158 m²
Land Area
1,576 m²
Construction
Brick

Yield analysis

Strong investment rating

8.5% / yr
Monthly payment1,109 €20% down payment · 20 yrs · 3%
Expected rent1,778 €at market conditions for the neighbourhood

The rent covers 160% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 12 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

1 change since listing▼ 16.7% · 50,000 €
  1. 300,000 €3 January 2026Initial price
  2. 250,000 €▼ 50,000 € (16.7%) 3 September 2026Price reducedCurrent

Property analysis

This house is priced about 95,500 € above the typical price (the median) for houses in Cherno more (10 properties) — 1,582 €/m² against 978 €/m².

With 20% down over 20 years the monthly mortgage payment is about 1,109 €, against an expected local rent of 1,778 €. The rent covers the whole payment (160%).

The asking price has fallen by 50,000 € (16.7%) since it was first listed.

Source: Market statistics for houses in Cherno more

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

Details

Category
Residential
Bathrooms
2

Approximate location

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

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