−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
Sale93,000 €2,021 €/m²
Expected rent1,778 € /mo
~19,500 € ABOVE MARKET
overpriced
against the median for houses in Burgas (279 properties)
Area
46 m²
Land Area
200 m²
Floor
1 / 1
Construction
Brick
Yield analysis
Strong investment rating
Monthly payment413 €20% down payment · 20 yrs · 3%
Expected rent1,778 €at market conditions for the neighbourhood
The rent covers 431% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 4 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 19,500 € above the typical price (the median) for houses in Burgas (279 properties) — 2,021 €/m² against 1,597 €/m².
With 20% down over 20 years the monthly mortgage payment is about 413 €, against an expected local rent of 1,778 €. The rent covers the whole payment (431%).
Details
- Category
- Residential
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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