median 1,600 €/m² for comparable properties
Rent covers ~ 636% of the payment
~ 1,763 €/mo rent · pays for itself in ~ 3 yrs
~175,000 € BELOW MARKET
far below market
against the median for houses in Burgas (280 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 177% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 11 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 175,000 € below the typical price (the median) for houses in Burgas (280 properties) — 900 €/m² against 1,600 €/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 250 sq m is located in the quiet area of Gorno Ezerovo, Burgas.
The layout includes six bedrooms with access to a terrace, two bathrooms with toilets, a large living room, separate kitchen and laundry room.
The building was constructed in 2022 with brick construction and is offered unfurnished, requiring cosmetic corrections.
The property has a yard of 1000 sq m, and the location is close to a grocery store and public transport stop.
Suitable for family use, providing space and the possibility for customization according to the needs of the occupants.
With 20% down over 20 years the monthly mortgage payment is about 998 €, against an expected local rent of 1,763 €. The rent covers the whole payment (177%).
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,600 €/m² for comparable properties
Rent covers ~ 636% of the payment
~ 1,763 €/mo rent · pays for itself in ~ 3 yrs