+61% above market
median 1,832 €/m² for comparable properties
590,000 € 2,950 €/m²
Rent covers ~ 26% of the payment
~ 677 €/mo rent · you top up ~ 1,941 €/mo
Sale220,000 €2,037 €/m²
Expected rent677 € /mo
~22,000 € ABOVE MARKET
above market
against the median for floors of house in Varna (71 properties)
Area
108 m²
Floor
3 / 3
Construction
Brick
Year
1950
Yield analysis
Low investment rating
Monthly payment976 €20% down payment · 20 yrs · 3%
Expected rent677 €at market conditions for the neighbourhood
The rent covers 69% of the payment — you top up about 299 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 27 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Property analysis
This floor of House is priced about 22,000 € above the typical price (the median) for floors of house in Varna (71 properties) — 2,037 €/m² against 1,832 €/m².
With 20% down over 20 years the monthly mortgage payment is about 976 €, against an expected local rent of 677 €. The rent covers 69% of it.
Details
- Category
- Residential
- Bathrooms
- 1
Location
Similar properties nearby
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median 1,832 €/m² for comparable properties
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Rent covers ~ 44% of the payment
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+56% above market
median 1,832 €/m² for comparable properties
456,000 € 2,850 €/m²
Rent covers ~ 33% of the payment
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