+37% above market
median 1,170 €/m² for comparable properties
112,000 € 1,600 €/m²
Rent covers ~ 355% of the payment
~ 1,763 €/mo rent · pays for itself in ~ 5 yrs
Sale189,000 €1,350 €/m²
Expected rent1,763 € /mo
~25,000 € ABOVE MARKET
above market
against the median for houses in Rudnik (13 properties)
Area
140 m²
Land Area
600 m²
Construction
Brick
Year
1960
Yield analysis
Strong investment rating
Monthly payment839 €20% down payment · 20 yrs · 3%
Expected rent1,763 €at market conditions for the neighbourhood
The rent covers 210% 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 25,000 € above the typical price (the median) for houses in Rudnik (13 properties) — 1,350 €/m² against 1,170 €/m².
House with an area of 140 sq m, located in the Rudnik district, city of Burgas.
The layout includes three main rooms suitable for residential use, with a functional internal arrangement.
The building was constructed in 1960 from brick, with the condition suggesting a need for renovation according to individual preferences. The property includes parking.
The location is in an established residential area with good infrastructure and access to city amenities.
Suitable for family use with a focus on practicality and convenience in daily life.
With 20% down over 20 years the monthly mortgage payment is about 839 €, against an expected local rent of 1,763 €. The rent covers the whole payment (210%).
This property is advertised in 2 offers, all from the same agency. The gap between the cheapest and the dearest is 6,800 €. It has been listed for 28 days.
Pros and cons
AI summaryPros
- functional layout
- parking
- established area
Cons
- needs renovation
- older construction
Amenities
- With Parking
Details
- Category
- Residential
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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