−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
Sale219,900 €483 €/m²
Expected rent1,778 € /mo
~506,500 € 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
455 m²
Land Area
139 m²
Construction
Brick
Year
1999
Yield analysis
Strong investment rating
Monthly payment976 €20% down payment · 20 yrs · 3%
Expected rent1,778 €at market conditions for the neighbourhood
The rent covers 182% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 10 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▼ 2.2% · 5,000 €
- 224,900 €
- 219,900 €▼ 5,000 € (2.2%)
Property analysis
This house is priced about 506,500 € below the typical price (the median) for houses in Burgas (279 properties) — 483 €/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 976 €, against an expected local rent of 1,778 €. The rent covers the whole payment (182%).
The asking price has fallen by 5,000 € (2.2%) since it was first listed.
Amenities
- Access Control
Details
- Category
- Residential
- Bathrooms
- 4
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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