No market valuation
377,000 € 1,848 €/m²
No yield data
Appears once there's enough market data
Sale310,000 €2,296 €/m²
Expected rent1,763 € /mo
~94,000 € ABOVE MARKET
overpriced
against the median for houses in Burgas (279 properties)
Area
135 m²
Land Area
300 m²
Construction
Brick
Year
2014
Yield analysis
Good investment rating
Monthly payment1,375 €20% down payment · 20 yrs · 3%
Expected rent1,763 €at market conditions for the neighbourhood
The rent covers 128% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 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 94,000 € above the typical price (the median) for houses in Burgas (279 properties) — 2,296 €/m² against 1,599 €/m².
The house is located in Burgas city, Sarafovo district, in the residential complex Victoria Royal Garden.
The layout includes two bedrooms, an office, a living room with kitchen and dining area, two terraces and a yard with an area of 300 sq m.
The building was constructed in 2014 with brick construction and features a parking space, internet, and access to a shared pool and sports facilities.
The complex is situated about 1 km from the sea shore and offers good infrastructure with a restaurant, playground, and green areas.
The property is suitable for permanent residence or a holiday home in a gated environment with amenities and proximity to the sea.
With 20% down over 20 years the monthly mortgage payment is about 1,375 €, against an expected local rent of 1,763 €. The rent covers the whole payment (128%).
This property is advertised in 2 offers from 2 different sellers. All offers are at the same price. It has been listed for 59 days.
Pros and cons
AI summaryPros
- functional layout
- parking space
- gated complex
- close to sea
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- entrance hall
- living room
- kitchen
- dining area
- toilet
- storage room
- veranda
- bedroom
- bedroom
- office
- bathroom
Amenities
- With Parking
- Internet Connection
- Gated Community
Details
- Category
- Residential
- Bathrooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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