AT MARKET LEVEL
fairly priced
against the median for floors of house in Rakitnika (14 properties)
Yield analysis
Strong investment rating
The rent covers 361% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 5 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 at the typical price (the median) for floors of house in Rakitnika (14 properties) — 1,703 €/m² against 1,662 €/m².
First floor of a two-storey brick house in the area of Rakitnika, Varna.
The layout includes a kitchen, living room with access to a terrace, two bedrooms and a bathroom, providing functional use of the space.
The building was constructed in 1990 with brick construction, has separate electricity and water meters, as well as a new septic tank.
The property is located in an easily accessible place, about 200 meters from a bus stop, close to natural areas.
It is suitable for people seeking peace and convenience near the city with the possibility of financing.
With 20% down over 20 years the monthly mortgage payment is about 484 €, against an expected local rent of 1,748 €. The rent covers the whole payment (361%).
Pros and cons
AI summary- functional layout
- separate meters
- new septic tank
- easy access
- no additional amenities
Layout
- kitchen
- living room
- bedroom
- bedroom
Details
- Category
- Residential
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.