−50% below market
median 1,599 €/m² for comparable properties
32,000 € 800 €/m²
Rent covers ~ 1242% of the payment
~ 1,763 €/mo rent · pays for itself in ~ 2 yrs
Sale33,000 €825 €/m²
Expected rent1,763 € /mo
~31,000 € BELOW MARKET
far below market
against the median for houses in Burgas (279 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Area
40 m²
Land Area
500 m²
Construction
Brick
Year
2016
Yield analysis
Strong investment rating
Monthly payment146 €20% down payment · 20 yrs · 3%
Expected rent1,763 €at market conditions for the neighbourhood
The rent covers 1204% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 2 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 31,000 € below the typical price (the median) for houses in Burgas (279 properties) — 825 €/m² against 1,599 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
The property is a two-storey house with an area of 40 sq m, located in m-ct Sukhoto dere, Burgas.
The layout includes a kitchen, bedroom, and bathroom with toilet on the first floor, as well as two bedrooms on the second floor, providing functional use of the space.
The construction is brick from 2016, with the property offering an orderly and cozy environment with a yard of 500 sq m, complementing the living area with open space.
The location is quiet and close to nature, suitable for people seeking a calmer environment away from urban dynamics.
The property is suitable for families who value the balance between a compact home and a spacious yard for relaxation and leisure.
With 20% down over 20 years the monthly mortgage payment is about 146 €, against an expected local rent of 1,763 €. The rent covers the whole payment (1204%).
Pros and cons
AI summaryPros
- functional layout
- yard 500 sq m
- brick construction
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- kitchen
- bedroom
- bedroom
- bedroom
Details
- Category
- Residential
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.