median 1,600 €/m² for comparable properties
Rent covers ~ 174% of the payment
~ 1,763 €/mo rent · pays for itself in ~ 11 yrs
AT MARKET LEVEL
fairly priced
against the median for houses in Burgas (280 properties)
Strong investment rating
The rent covers 166% 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 at the typical price (the median) for houses in Burgas (280 properties) — 1,636 €/m² against 1,600 €/m².
House with an area of 146 sq m, located in the Lozovo district, Burgas. The property is two-storey and solidly built, constructed with brick.
The layout includes a basement and an attic, which can be used functionally, as well as two additional outbuildings and a garage in the yard. The house requires renovation, which demands investment for restoration.
The building is on a flat plot of 781 sq m, with access from two streets, providing convenience in using the property. The presence of a garage and additional buildings adds to the practicality of the property.
The location is quiet and well-organized, with good infrastructure and proximity to the city centre and a public transport stop. This makes the area suitable for family living with easy access to amenities.
The property is suitable for buyers looking for a spacious family home with the possibility of customization through renovation in a peaceful district with a good location.
With 20% down over 20 years the monthly mortgage payment is about 1,060 €, against an expected local rent of 1,763 €. The rent covers the whole payment (166%).
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,600 €/m² for comparable properties
Rent covers ~ 174% of the payment
~ 1,763 €/mo rent · pays for itself in ~ 11 yrs
median 1,600 €/m² for comparable properties
Rent covers ~ 162% of the payment
~ 1,763 €/mo rent · pays for itself in ~ 12 yrs