Sale

House in Burgas, Sarafovo

BurgasSarafovo
Published: 3 May 2020 Updated: 3 May 2020
Sale175,000 €1,121 €/m²
Expected rent1,883 € /mo

~113,000 € BELOW MARKET

good value

against the median for houses in Sarafovo (117 properties)

Area
156 m²
Land Area
188 m²
Construction
Brick
Year
2013

Yield analysis

Strong investment rating

12.9% / yr
Monthly payment776 €20% down payment · 20 yrs · 3%
Expected rent1,883 €at market conditions for the neighbourhood

The rent covers 243% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 8 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 113,000 € below the typical price (the median) for houses in Sarafovo (117 properties) — 1,121 €/m² against 1,847 €/m².

With 20% down over 20 years the monthly mortgage payment is about 776 €, against an expected local rent of 1,883 €. The rent covers the whole payment (243%).

Source: Market statistics for houses in Sarafovo

Amenities

  • Internet Connection
  • Active Business
  • Video Surveillance
  • Access Control
  • Renovated

Exposure

AI summary
NNorth

Even light, cooler during summer

Details

Category
Residential
Bathrooms
2
Furnishing
Yes

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

Similar properties nearby