−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
Sale299,000 €1,616 €/m²
Expected rent1,138 € /mo
AT MARKET LEVEL
fairly priced
against the median for houses in Kichevo (38 properties)
Area
185 m²
Land Area
400 m²
Floor
2 / 2
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.
Price history
2 changes since listing▼ 9.4% · 31,000 €
- 330,000 €
- 333,000 €▲ 3,000 € (0.9%)
- 299,000 €▼ 34,000 € (10.2%)
Property analysis
This house is priced at the typical price (the median) for houses in Kichevo (38 properties) — 1,633 €/m² against 1,747 €/m².
The property is a two-storey house with a total area of 185 sq m, located in Kichevo village, Varna region. The layout includes on the first floor an entrance hall, kitchen nook with living room, bedroom, and bathroom with toilet, while the second floor has three bedrooms, a second bathroom with toilet, and a terrace. The residence is furnished and equipped, ready to move in without the need for additional repairs or investments. The house has two parking spaces and a swimming pool, and is suitable for pets. The location offers tranquility and fresh air while providing convenient access to Varna and nearby amenities such as bus stops, shops, and educational institutions.
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.
This property is advertised in 2 offers from 2 different sellers. The gap between the cheapest and the dearest is 31,000 €. It has been listed for 393 days. The asking price has fallen by 31,000 € (9.4%) since it was first listed.
Pros and cons
AI summaryPros
- functional layout
- furnished property
- swimming pool
- parking spaces
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- entrance hall
- kitchen nook
- living room
- bedroom
- bedroom
- bedroom
- bathroom
- toilet
- bathroom
- toilet
- terrace
Amenities
- With Parking
- Luxury
- Security
- Pet Friendly
- Wiring
- Internet Connection
- Gated Community
- Renovated
- Tax Credit Option
- Access Control
Details
- Category
- Residential
- Bathrooms
- 2
- 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
299,999 € 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