~152,500 € BELOW MARKET
far below market
against the median for floors of house in Varna (71 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Yield analysis
Strong investment rating
The rent covers 229% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 8 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 152,500 € below the typical price (the median) for floors of house in Varna (71 properties) — 554 €/m² against 1,838 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
With 20% down over 20 years the monthly mortgage payment is about 293 €, against an expected local rent of 670 €. The rent covers the whole payment (229%).
Amenities
- With Parking
Details
- Category
- Residential
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.