−18% below market
median 1,747 €/m² for comparable properties
128,000 € 1,438 €/m²
Rent covers ~ 200% of the payment
~ 1,138 €/mo rent · pays for itself in ~ 9 yrs
Sale299,999 €1,621 €/m²
Expected rent1,138 € /mo
AT MARKET LEVEL
fairly priced
against the median for houses in Kichevo (38 properties)
Area
185 m²
Land Area
500 m²
Construction
Brick
Year
2005
Yield analysis
Fair investment rating
Monthly payment1,331 €20% down payment · 20 yrs · 3%
Expected rent1,138 €at market conditions for the neighbourhood
The rent covers 85% of the payment — you top up about 193 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 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 Kichevo (38 properties) — 1,621 €/m² against 1,747 €/m².
House with a total floor area of 185 sq m in Kichevo village, Varna region, located on a two-storey plot with a 500 sq m yard. Two-storey structure with a functional layout including a living room with kitchenette, three bedrooms, and three bathrooms. The construction is brick, built in 2005, which suggests a solid structure and good insulation qualities. The property is situated in a quiet and green village, close to the city of Varna, suitable for family living or a holiday home. The house offers amenities such as a spacious yard with a pergola and barbecue area, contributing to the comfort of the residents. A suitable choice for those seeking space and tranquility near the urban environment.
With 20% down over 20 years the monthly mortgage payment is about 1,331 €, against an expected local rent of 1,138 €. The rent covers 85% of it.
Pros and cons
AI summaryPros
- functional layout
- spacious yard
- brick construction
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room
- bedroom
- bedroom
- bedroom
Details
- Category
- Residential
- Bathrooms
- 3
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
At market level
median 1,747 €/m² for comparable properties
299,000 € 1,616 €/m²
Rent covers ~ 86% of the payment
~ 1,138 €/mo rent · you top up ~ 189 €/mo
+18% above market
median 1,747 €/m² for comparable properties
165,000 € 2,062 €/m²
Rent covers ~ 155% of the payment
~ 1,138 €/mo rent · pays for itself in ~ 12 yrs
At market level
median 1,747 €/m² for comparable properties
255,000 € 1,746 €/m²
Rent covers ~ 101% of the payment
~ 1,138 €/mo rent · pays for itself in ~ 19 yrs
At market level
median 1,747 €/m² for comparable properties
255,000 € 1,746 €/m²
Rent covers ~ 101% of the payment
~ 1,138 €/mo rent · pays for itself in ~ 19 yrs
At market level
median 1,747 €/m² for comparable properties
299,000 € 1,616 €/m²
Rent covers ~ 86% of the payment
~ 1,138 €/mo rent · you top up ~ 189 €/mo
At market level
median 1,747 €/m² for comparable properties
299,999 € 1,621 €/m²
Rent covers ~ 85% of the payment
~ 1,138 €/mo rent · you top up ~ 193 €/mo
+76% above market
median 1,747 €/m² for comparable properties
184,000 € 3,066 €/m²
Rent covers ~ 139% of the payment
~ 1,138 €/mo rent · pays for itself in ~ 13 yrs