+74% above market
median 1,832 €/m² for comparable properties
590,000 € 3,189 €/m²
Rent covers ~ 26% of the payment
~ 676 €/mo rent · you top up ~ 1,942 €/mo
Sale240,000 €2,242 €/m²
Expected rent676 € /mo
~44,000 € ABOVE MARKET
overpriced
against the median for floors of house in Varna (71 properties)
Area
107 m²
Floor
1 / 3
Construction
Brick
Year
1930
Yield analysis
Low investment rating
Monthly payment1,065 €20% down payment · 20 yrs · 3%
Expected rent676 €at market conditions for the neighbourhood
The rent covers 63% of the payment — you top up about 389 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 30 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 44,000 € above the typical price (the median) for floors of house in Varna (71 properties) — 2,242 €/m² against 1,832 €/m².
With 20% down over 20 years the monthly mortgage payment is about 1,065 €, against an expected local rent of 676 €. The rent covers 63% of it.
Details
- Category
- Residential
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.