median 828 €/m² for comparable properties
Rent covers ~ 303% of the payment
~ 1,748 €/mo rent · pays for itself in ~ 6 yrs
~538,500 € BELOW MARKET
far below market
against the median for houses in Varna (1,031 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Strong investment rating
The rent covers 197% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 10 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This house is priced about 538,500 € below the typical price (the median) for houses in Varna (1,031 properties) — 519 €/m² against 1,918 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
With 20% down over 20 years the monthly mortgage payment is about 887 €, against an expected local rent of 1,748 €. The rent covers the whole payment (197%).
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 828 €/m² for comparable properties
Rent covers ~ 303% of the payment
~ 1,748 €/mo rent · pays for itself in ~ 6 yrs
median 1,418 €/m² for comparable properties
Rent covers ~ 132% of the payment
~ 1,748 €/mo rent · pays for itself in ~ 14 yrs
median 828 €/m² for comparable properties
Rent covers ~ 263% of the payment
~ 1,748 €/mo rent · pays for itself in ~ 7 yrs
median 828 €/m² for comparable properties
Rent covers ~ 268% of the payment
~ 1,748 €/mo rent · pays for itself in ~ 7 yrs
median 828 €/m² for comparable properties
Rent covers ~ 175% of the payment
~ 1,748 €/mo rent · pays for itself in ~ 11 yrs