~149,500 € 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.
Yield analysis
Strong investment rating
The rent covers 221% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 9 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 149,500 € below the typical price (the median) for houses in Burgas (280 properties) — 873 €/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.
The house is located in Burgas, Meden Rudnik district - zone B, with direct access to the shore of Mandra reservoir.
The layout includes a ground floor with entrance hall, living room with kitchenette, bedroom and bathroom, ready to live in, and a second floor with three brick rooms to be finished and a sanitary unit.
The building is made of bricks, with a maintained facade and a solid roof, equipped with electricity, water and sewage. It has video surveillance and is insulated.
The location offers quiet and privacy without neighbours, while being 5 minutes from Meden Rudnik and 15 minutes from the centre of Burgas.
The property is suitable for year-round living or a holiday home thanks to the combination of natural environment and amenities.
With 20% down over 20 years the monthly mortgage payment is about 799 €, against an expected local rent of 1,763 €. The rent covers the whole payment (221%).
Pros and cons
AI summary- panoramic view
- functional layout
- insulated building
- no neighbours
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room
- bedroom
- bedroom
Amenities
- Video Surveillance
- Renovated
Details
- Category
- Residential
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.