+182% above market
median 1,465 €/m² for comparable properties
124,000 € 4,133 €/m²
No yield data
Appears once there's enough market data
Sale85,000 €708 €/m²
~91,000 € BELOW MARKET
far below market
against the median for houses in Velika (23 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Area
120 m²
Land Area
741 m²
Construction
Wooden Frame
Year
1950
Property analysis
This house is priced about 91,000 € below the typical price (the median) for houses in Velika (23 properties) — 708 €/m² against 1,465 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
House with an area of 120 sq m, located in the centre of Velika village, Burgas region. The property is two-storey and situated in a quieter part of the village.
The layout is traditional for an old Strandzha house, with the possibility for reconstruction or building a new solid structure. The plot has a regular shape and slight slope, which facilitates construction activities.
The construction is wooden frame from 1950, and the property has active electricity and water connections. The house is cleaned and fenced, providing a clear idea of the boundaries and functionality of the property.
The location is close to other modern buildings and an asphalt street with a 28-metre frontage, ensuring convenient access. It is possible to merge with an adjacent plot for a larger area.
The property is suitable for people seeking an opportunity for renovation or new construction in a rural environment with easy access to infrastructure.
Pros and cons
AI summaryPros
- regular shape
- 28 m street frontage
- active electricity and water connections
- possibility to merge
Cons
- old wooden construction
- needs renovation
Details
- Category
- Residential
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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