Sale

House in Varna, Kichevo

Oblast VarnaKichevo
Published: 7 May 2026 Updated: 20 July 2026
Sale460,000 €1,150 €/m²
Expected rent1,138 € /mo

~239,000 € BELOW MARKET

good value

against the median for houses in Kichevo (38 properties)

Area
400 m²
Land Area
1,200 m²
Construction
Brick
Year
2005

Yield analysis

Low investment rating

3% / yr
Monthly payment2,041 €20% down payment · 20 yrs · 3%
Expected rent1,138 €at market conditions for the neighbourhood

The rent covers 56% of the payment — you top up about 903 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 34 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▼ 16.3% · 89,500 €
  1. 549,500 €9 June 2026Initial price
  2. 500,000 €▼ 49,500 € (9%) 11 June 2026Price reduced
  3. 460,000 €▼ 40,000 € (8%) 3 July 2026Price reducedCurrent

Property analysis

This house is priced about 239,000 € below the typical price (the median) for houses in Kichevo (38 properties) — 1,150 €/m² against 1,747 €/m².

With 20% down over 20 years the monthly mortgage payment is about 2,041 €, against an expected local rent of 1,138 €. The rent covers 56% of it.

The asking price has fallen by 89,500 € (16.3%) since it was first listed.

Source: Market statistics for houses in Kichevo

Amenities

  • With Parking

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

NNorth

Even light, cooler during summer

Details

Category
Residential
Bathrooms
2

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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