Sale

House with 2 rooms in the centre of Kichevo village with south aspect

Oblast VarnaKichevo
Published: 2 October 2026 Updated: 2 October 2026
Sale128,000 €1,438 €/m²
Expected rent1,138 € /mo

~27,500 € BELOW MARKET

good value

against the median for houses in Kichevo (38 properties)

Area
89 m²
Land Area
834 m²
Construction
Wooden Frame
Year
1999

Yield analysis

Strong investment rating

10.7% / yr
Monthly payment568 €20% down payment · 20 yrs · 3%
Expected rent1,138 €at market conditions for the neighbourhood

The rent covers 200% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 9 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 about 27,500 € below the typical price (the median) for houses in Kichevo (38 properties) — 1,438 €/m² against 1,747 €/m².

House with an area of 89 sq m, located in the centre of Kichevo village, Varna region.

The property includes a residential building of 66 sq m and an outbuilding, with a walk-through layout providing functional use of the space.

The building is constructed with a wooden frame structure from 1999, with existing electricity and water connections, ensuring basic utilities.

The location is accessible, on a wide asphalt street, close to a bus stop, medical office and shops, facilitating daily needs.

The property is suitable for use as a permanent home or holiday residence with good practicality and accessibility.

With 20% down over 20 years the monthly mortgage payment is about 568 €, against an expected local rent of 1,138 €. The rent covers the whole payment (200%).

Source: Market statistics for houses in Kichevo

Pros and cons

AI summary
Pros
  • south aspect
  • existing connections
  • asphalt street
  • close to amenities
Cons
  • walk-through rooms
  • wooden structure

Layout

  • residential building 66 sq m

Amenities

  • With Transition
  • With Parking

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

Details

Category
Residential

Approximate location

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

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