−20% below market
median 2,478 €/m² for comparable properties
550,000 € 1,978 €/m²
Rent covers ~ 50% of the payment
~ 1,211 €/mo rent · you top up ~ 1,229 €/mo
Sale1,850,000 €2,456 €/m²
Expected rent1,211 € /mo
AT MARKET LEVEL
fairly priced
against the median for houses in Sv.Sv. Konstantin I Elena (25 properties)
Area
753 m²
Land Area
1,129 m²
Floor
3 / 3
Construction
Brick
Year
1920
Heating
Local Heating
Yield analysis
Low investment rating
Monthly payment8,208 €20% down payment · 20 yrs · 3%
Expected rent1,211 €at market conditions for the neighbourhood
The rent covers 15% of the payment — you top up about 6,997 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 127 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Property analysis
This house is priced at the typical price (the median) for houses in Sv.Sv. Konstantin I Elena (25 properties) — 2,456 €/m² against 2,478 €/m².
The house is located in the Sv.Sv. Konstantin and Elena resort complex, Varna city, with an area of 753 sq m and a yard of 1129 sq m.
The layout includes a basement, three floors, and an attic floor with a total of 6 bedrooms, 6 bathrooms, and 3 living rooms, providing convenience for a large family or guests.
The building was constructed in 1920 with brick construction and was renovated in 2007-2008, using high-quality materials and modern technologies for comfort and functionality.
The location is close to the sea and main road arteries, in an area with good infrastructure and communications, suitable for permanent or seasonal residence.
The property offers a balance between historical value, spaciousness, and modern amenities, making it suitable for family use with a focus on comfort and tranquility.
With 20% down over 20 years the monthly mortgage payment is about 8,208 €, against an expected local rent of 1,211 €. The rent covers 15% of it.
This property is advertised in 5 offers. All offers are at the same price. It has been listed for 315 days.
Source: Market statistics for houses in Sv.Sv. Konstantin I Elena
Pros and cons
AI summaryPros
- large area
- quality materials
- multi-room layout
- close to the sea
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- bedroom
- bedroom
- bedroom
- bedroom
- bedroom
- bedroom
- living room
- living room
- living room
Amenities
- With Parking
- Internet Connection
- Access Control
- Video Surveillance
- Renovated
Details
- Category
- Residential
- Bathrooms
- 6
- Furnishing
- Yes
Location
Similar properties nearby
+10% above market
median 2,478 €/m² for comparable properties
565,000 € 2,729 €/m²
Rent covers ~ 48% of the payment
~ 1,211 €/mo rent · you top up ~ 1,296 €/mo
At market level
median 2,478 €/m² for comparable properties
1,850,000 € 2,456 €/m²
Rent covers ~ 15% of the payment
~ 1,211 €/mo rent · you top up ~ 6,997 €/mo
+86% above market
median 2,478 €/m² for comparable properties
1,385,000 € 4,616 €/m²
Rent covers ~ 20% of the payment
~ 1,211 €/mo rent · you top up ~ 4,934 €/mo
−40% below market
median 2,478 €/m² for comparable properties
375,000 € 1,500 €/m²
Rent covers ~ 73% of the payment
~ 1,211 €/mo rent · you top up ~ 453 €/mo
No market valuation
On request
No yield data
Appears once there's enough market data
At market level
median 2,478 €/m² for comparable properties
1,550,000 € 2,421 €/m²
Rent covers ~ 18% of the payment
~ 1,211 €/mo rent · you top up ~ 5,666 €/mo
+11% above market
median 2,478 €/m² for comparable properties
565,000 € 2,742 €/m²
Rent covers ~ 48% of the payment
~ 1,211 €/mo rent · you top up ~ 1,296 €/mo