−70% below market
median 1,597 €/m² for comparable properties
219,900 € 483 €/m²
Rent covers ~ 182% of the payment
~ 1,778 €/mo rent · pays for itself in ~ 10 yrs
Sale115,000 €696 €/m²
Expected rent1,778 € /mo
~148,500 € 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
165 m²
Land Area
115 m²
Construction
Brick
Yield analysis
Strong investment rating
Monthly payment510 €20% down payment · 20 yrs · 3%
Expected rent1,778 €at market conditions for the neighbourhood
The rent covers 348% 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.
Property analysis
This house is priced about 148,500 € below the typical price (the median) for houses in Burgas (279 properties) — 696 €/m² against 1,597 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
With 20% down over 20 years the monthly mortgage payment is about 510 €, against an expected local rent of 1,778 €. The rent covers the whole payment (348%).
Details
- Category
- Residential
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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