median 1,600 €/m² for comparable properties
Rent covers ~ 162% of the payment
~ 1,763 €/mo rent · pays for itself in ~ 12 yrs
~316,000 € 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 174% 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 316,000 € below the typical price (the median) for houses in Burgas (280 properties) — 670 €/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 340 sq m in the Lozenets district, Burgas city.
The layout is flexible, allowing for the creation of large and bright rooms according to the residents' needs.
The construction is brick, with the property in rough construction and requiring finishing works and modernization. Parking is available for residents' convenience.
Lozenets district offers a calm and quiet environment with good access to the city center, suitable for families.
The property is suitable for people seeking space and the opportunity to personalize their home in a peaceful urban setting.
With 20% down over 20 years the monthly mortgage payment is about 1,012 €, against an expected local rent of 1,763 €. The rent covers the whole payment (174%).
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,600 €/m² for comparable properties
Rent covers ~ 162% of the payment
~ 1,763 €/mo rent · pays for itself in ~ 12 yrs
median 1,600 €/m² for comparable properties
Rent covers ~ 166% of the payment
~ 1,763 €/mo rent · pays for itself in ~ 11 yrs