Sale

House in Burgas, Sarafovo

BurgasSarafovo
Published: 4 December 2020 Updated: 4 December 2020
Sale220,000 €1,157 €/m²
Expected rent1,883 € /mo

~131,000 € BELOW MARKET

good value

against the median for houses in Sarafovo (117 properties)

Area
190 m²
Land Area
400 m²
Construction
Brick
Year
2018

Yield analysis

Strong investment rating

10.3% / yr
Monthly payment976 €20% down payment · 20 yrs · 3%
Expected rent1,883 €at market conditions for the neighbourhood

The rent covers 193% 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.

Property analysis

This house is priced about 131,000 € below the typical price (the median) for houses in Sarafovo (117 properties) — 1,157 €/m² against 1,847 €/m².

With 20% down over 20 years the monthly mortgage payment is about 976 €, against an expected local rent of 1,883 €. The rent covers the whole payment (193%).

Source: Market statistics for houses in Sarafovo

Amenities

  • With Parking
  • Internet Connection
  • Active Business
  • Access Control
  • Renovated

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

+156% above market

median 1,847 €/m² for comparable properties

1,500,000 € 4,731 €/m²
  • 317m²

Rent covers ~ 28% of the payment

~ 1,883 €/mo rent · you top up ~ 4,772 €/mo