−56% below market
median 1,597 €/m² for comparable properties
115,000 € 696 €/m²
Rent covers ~ 348% of the payment
~ 1,778 €/mo rent · pays for itself in ~ 5 yrs
Sale110,000 €990 €/m²
Expected rent1,778 € /mo
~67,500 € BELOW MARKET
good value
against the median for houses in Burgas (279 properties)
Area
111 m²
Land Area
220 m²
Floor
1 / 1
Construction
Brick
Year
1970
Yield analysis
Strong investment rating
Monthly payment488 €20% down payment · 20 yrs · 3%
Expected rent1,778 €at market conditions for the neighbourhood
The rent covers 364% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 5 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
1 change since listing▼ 15.4% · 20,000 €
- 130,000 €
- 110,000 €▼ 20,000 € (15.4%)
Property analysis
This house is priced about 67,500 € below the typical price (the median) for houses in Burgas (279 properties) — 990 €/m² against 1,597 €/m².
With 20% down over 20 years the monthly mortgage payment is about 488 €, against an expected local rent of 1,778 €. The rent covers the whole payment (364%).
The asking price has fallen by 20,000 € (15.4%) since it was first listed.
Amenities
- With Transition
- With Parking
Details
- Category
- Residential
Location
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