Sale

House in Burgas, Vetren

BurgasVetren
Published: 5 December 2024 Updated: 5 December 2024
Sale350,000 €1,000 €/m²
Expected rent1,778 € /mo

~173,000 € BELOW MARKET

good value

against the median for houses in Vetren (42 properties)

Area
350 m²
Land Area
805 m²
Construction
Brick
Year
2024

Yield analysis

Good investment rating

6.1% / yr
Monthly payment1,553 €20% down payment · 20 yrs · 3%
Expected rent1,778 €at market conditions for the neighbourhood

The rent covers 114% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 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 173,000 € below the typical price (the median) for houses in Vetren (42 properties) — 1,000 €/m² against 1,494 €/m².

With 20% down over 20 years the monthly mortgage payment is about 1,553 €, against an expected local rent of 1,778 €. The rent covers the whole payment (114%).

Source: Market statistics for houses in Vetren

Amenities

  • With Parking

Details

Category
Residential
Bathrooms
3

Approximate location

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

Similar properties nearby

At market level

median 1,494 €/m² for comparable properties

515,000 € 1,430 €/m²
  • 360m²

Rent covers ~ 78% of the payment

~ 1,778 €/mo rent · you top up ~ 507 €/mo

−19% below market

median 1,494 €/m² for comparable properties

200,000 € 1,212 €/m²
  • 165m²

Rent covers ~ 200% of the payment

~ 1,778 €/mo rent · pays for itself in ~ 9 yrs

At market level

median 1,494 €/m² for comparable properties

269,000 € 1,486 €/m²
  • 181m²

Rent covers ~ 149% of the payment

~ 1,778 €/mo rent · pays for itself in ~ 13 yrs

At market level

median 1,494 €/m² for comparable properties

290,000 € 1,550 €/m²
  • 187m²

Rent covers ~ 138% of the payment

~ 1,778 €/mo rent · pays for itself in ~ 14 yrs

At market level

median 1,494 €/m² for comparable properties

290,000 € 1,611 €/m²
  • 180m²

Rent covers ~ 138% of the payment

~ 1,778 €/mo rent · pays for itself in ~ 14 yrs

At market level

median 1,494 €/m² for comparable properties

118,500 € 1,377 €/m²
  • 86m²
  • 1/4fl.

Rent covers ~ 338% of the payment

~ 1,778 €/mo rent · pays for itself in ~ 6 yrs