+25% 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
Sale299,000 €1,616 €/m²
Expected rent1,138 € /mo
AT MARKET LEVEL
fairly priced
against the median for houses in Kichevo (37 properties)
Area
185 m²
Land Area
400 m²
Construction
Brick
Year
2005
Yield analysis
Fair investment rating
Monthly payment1,327 €20% down payment · 20 yrs · 3%
Expected rent1,138 €at market conditions for the neighbourhood
The rent covers 86% of the payment — you top up about 189 €/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 (37 properties) — 1,616 €/m² against 1,747 €/m².
House with a total floor area of 185 sq m in Kichevo village, Varna region, located in a gated complex with a sea view.
The layout includes a ground floor with a living room and kitchen area, bedroom, bathroom, and veranda, as well as a second floor with three bedrooms, two bathrooms, and a terrace.
The construction is brick from 2005, with local wood heating and two parking spaces on the 400 sq m yard.
The location offers tranquility and greenery, suitable for year-round living or a holiday property.
The property is functional and balanced for family use or investment.
With 20% down over 20 years the monthly mortgage payment is about 1,327 €, against an expected local rent of 1,138 €. The rent covers 86% of it.
Pros and cons
AI summaryPros
- gated complex
- sea view
- local heating
- two parking spaces
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
- bathroom
- bathroom
Amenities
- With Parking
- Gated Community
Exposure
AI summaryNNorth
Even light, cooler during summer
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
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
At market level
median 1,747 €/m² for comparable properties
299,999 € 1,630 €/m²
Rent covers ~ 85% of the payment
~ 1,138 €/mo rent · you top up ~ 193 €/mo
At market level
median 1,747 €/m² for comparable properties
299,990 € 1,621 €/m²
Rent covers ~ 86% of the payment
~ 1,138 €/mo rent · you top up ~ 193 €/mo