median 1,600 €/m² for comparable properties
Rent covers ~ 174% of the payment
~ 1,763 €/mo rent · pays for itself in ~ 11 yrs
~43,000 € BELOW MARKET
good value
against the median for houses in Burgas (280 properties)
Strong investment rating
The rent covers 162% 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.
This house is priced about 43,000 € below the typical price (the median) for houses in Burgas (280 properties) — 1,360 €/m² against 1,600 €/m².
House with a total area of 180 sq m, located in the Lozovo district of Burgas. The property is two-storey with an additional attic of 80 sq m and a yard of 470 sq m.
The layout includes on the first floor a kitchen, bathroom with toilet, and three separate rooms, and on the second floor also a kitchen, bathroom with toilet, and three separate rooms.
The building is brick-built from 1970, with fully replaced window frames on the first floor and partially replaced on the second. There is a garage and a small outbuilding in the yard.
The district offers a quiet environment suitable for family living, located in an urban area with access to essential services.
The property is suitable for a family seeking a spacious home with a yard and the possibility to use two separate living levels.
With 20% down over 20 years the monthly mortgage payment is about 1,087 €, against an expected local rent of 1,763 €. The rent covers the whole payment (162%).
The asking price has fallen by 5,100 € (2%) since it was first listed.
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 ~ 166% of the payment
~ 1,763 €/mo rent · pays for itself in ~ 11 yrs