Sale

House in Burgas, Cherno more

BurgasCherno more
Published: 8 April 2025 Updated: 8 April 2025
Sale65,000 €1,083 €/m²
Expected rent1,778 € /mo

~6,500 € ABOVE MARKET

above market

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

Area
60 m²
Land Area
50 m²
Floor
1 / 1
Construction
Brick
Year
1970

Yield analysis

Strong investment rating

32.8% / yr
Monthly payment288 €20% down payment · 20 yrs · 3%
Expected rent1,778 €at market conditions for the neighbourhood

The rent covers 617% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 3 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 6,500 € above the typical price (the median) for houses in Cherno more (10 properties) — 1,083 €/m² against 978 €/m².

With 20% down over 20 years the monthly mortgage payment is about 288 €, against an expected local rent of 1,778 €. The rent covers the whole payment (617%).

Source: Market statistics for houses in Cherno more

Amenities

  • Internet Connection

Exposure

AI summary
NNorth

Even light, cooler during summer

Details

Category
Residential
Bathrooms
1
Furnishing
Yes

Location

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