+29% above market
median 1,832 €/m² for comparable properties
450,000 € 2,368 €/m²
Rent covers ~ 34% of the payment
~ 677 €/mo rent · you top up ~ 1,320 €/mo
Sale185,000 €1,423 €/m²
Expected rent677 € /mo
~53,000 € BELOW MARKET
good value
against the median for floors of house in Varna (71 properties)
Area
130 m²
Floor
3 / 3
Construction
Wooden Frame
Year
1930
Yield analysis
Fair investment rating
Monthly payment821 €20% down payment · 20 yrs · 3%
Expected rent677 €at market conditions for the neighbourhood
The rent covers 82% of the payment — you top up about 144 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
2 changes since listing▼ 14% · 30,000 €
- 215,000 €
- 180,000 €▼ 35,000 € (16.3%)
- 185,000 €▲ 5,000 € (2.8%)
Property analysis
This floor of House is priced about 53,000 € below the typical price (the median) for floors of house in Varna (71 properties) — 1,423 €/m² against 1,832 €/m².
With 20% down over 20 years the monthly mortgage payment is about 821 €, against an expected local rent of 677 €. The rent covers 82% of it.
The asking price has fallen by 30,000 € (14%) since it was first listed.
Amenities
- Needs Renovation
Details
- Category
- Residential
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.