median 1,494 €/m² for comparable properties
Rent covers ~ 142% of the payment
~ 1,763 €/mo rent · pays for itself in ~ 13 yrs
~60,500 € ABOVE MARKET
overpriced
against the median for houses in Vetren (42 properties)
Strong investment rating
The rent covers 166% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 11 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This house is priced about 60,500 € above the typical price (the median) for houses in Vetren (42 properties) — 2,000 €/m² against 1,494 €/m².
The house is located in the Vetren district, Burgas, in a quiet and green area with good access to the city centre.
The layout includes two rooms on the first floor – a living room and an office, a kitchen and a bathroom with toilet, while the second floor offers two bedrooms, one of which has a terrace, and an additional room with plumbing installed for a possible second bathroom.
The construction is brick from 1970, and the property includes a garage and a private yard of 950 sq m, including a single-storey extension for a barbecue or summer veranda.
Vetren district is quiet and green, suitable for family living or for those seeking proximity to nature, offering basic amenities and good infrastructure.
The property is suitable for year-round living with a functional layout and spacious yard providing opportunities for various additional improvements.
With 20% down over 20 years the monthly mortgage payment is about 1,065 €, against an expected local rent of 1,763 €. The rent covers the whole payment (166%).
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,494 €/m² for comparable properties
Rent covers ~ 142% of the payment
~ 1,763 €/mo rent · pays for itself in ~ 13 yrs
median 1,494 €/m² for comparable properties
Rent covers ~ 423% of the payment
~ 1,763 €/mo rent · pays for itself in ~ 4 yrs
median 1,494 €/m² for comparable properties
Rent covers ~ 133% of the payment
~ 1,763 €/mo rent · pays for itself in ~ 14 yrs
median 1,494 €/m² for comparable properties
Rent covers ~ 77% of the payment
~ 1,763 €/mo rent · you top up ~ 522 €/mo
median 1,494 €/m² for comparable properties
Rent covers ~ 148% of the payment
~ 1,763 €/mo rent · pays for itself in ~ 13 yrs
median 1,494 €/m² for comparable properties
Rent covers ~ 199% of the payment
~ 1,763 €/mo rent · pays for itself in ~ 9 yrs
median 1,494 €/m² for comparable properties
Rent covers ~ 148% of the payment
~ 1,763 €/mo rent · pays for itself in ~ 13 yrs
median 1,494 €/m² for comparable properties
Rent covers ~ 137% of the payment
~ 1,763 €/mo rent · pays for itself in ~ 14 yrs