+12% above market
median 1,496 €/m² for comparable properties
83,600 € 1,672 €/m²
Rent covers ~ 475% of the payment
~ 1,763 €/mo rent · pays for itself in ~ 4 yrs
Sale237,000 €2,060 €/m²
Expected rent1,763 € /mo
~65,000 € ABOVE MARKET
overpriced
against the median for houses in Meden Rudnik - Zona A (8 properties)
Area
115 m²
Floor
1 / 2
Construction
Brick
Year
1970
Yield analysis
Strong investment rating
Monthly payment1,052 €20% down payment · 20 yrs · 3%
Expected rent1,763 €at market conditions for the neighbourhood
The rent covers 168% 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.
Property analysis
This house is priced about 65,000 € above the typical price (the median) for houses in Meden Rudnik - Zona A (8 properties) — 2,060 €/m² against 1,496 €/m².
The house is located in the city of Burgas, Meden rudnik district - zone A. It has a built-up floor area of 115 sq m and was built in 1970.
The layout includes on the first floor an entrance hall, bedroom, bathroom with toilet, storage room and living room with kitchen, and on the second floor there is an entrance hall, two bedrooms, bathroom with toilet and terrace. There is also an outbuilding for equipment.
The building is brick construction and has been renovated, which suggests improved condition of materials and installations. There are no specific details about heating or other amenities.
The location is close to main conveniences such as shops, bus stop and eateries, providing convenience for daily needs.
The property is suitable for family use with a functional layout and possibility for comfortable living in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 1,052 €, against an expected local rent of 1,763 €. The rent covers the whole payment (168%).
Source: Market statistics for houses in Meden Rudnik - Zona A
Pros and cons
AI summaryPros
- functional layout
- terrace
- outbuilding
- close to conveniences
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- entrance hall
- bedroom
- bathroom
- toilet
- storage room
- living room
- kitchen
- entrance hall
- bedroom
- bathroom
- toilet
- terrace
Details
- Category
- Residential
- Bathrooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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