At market level
median 1,992 €/m² for comparable properties
563,000 € 2,165 €/m²
Rent covers ~ 67% of the payment
~ 1,667 €/mo rent · you top up ~ 831 €/mo
Sale459,000 €1,758 €/m²
Expected rent1,667 € /mo
~61,000 € BELOW MARKET
good value
against the median for houses in Briz (15 properties)
Area
261 m²
Land Area
300 m²
Construction
Brick
Year
2027
Yield analysis
Fair investment rating
Monthly payment2,036 €20% down payment · 20 yrs · 3%
Expected rent1,667 €at market conditions for the neighbourhood
The rent covers 82% of the payment — you top up about 369 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 23 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
3 changes since listing▼ 14.7% · 79,000 €
- 538,000 €
- 483,000 €▼ 55,000 € (10.2%)
- 468,000 €▼ 15,000 € (3.1%)
- 459,000 €▼ 9,000 € (1.9%)
Property analysis
This house is priced about 61,000 € below the typical price (the median) for houses in Briz (15 properties) — 1,738 €/m² against 1,992 €/m².
House with an area of 261 sq m, located in the green and quiet district of m-t Akchelar, Varna city.
The layout includes 4 rooms, of which 3 are separate bedrooms and 3 bathrooms with toilets, providing convenience and comfort for a family. The interior spaces are bright and spacious with the possibility to set up a home office.
The building is brick-built in 2027, which suggests modern materials and technologies, but there are no specific details about heating or other amenities.
The area is quiet and green with easy access to the center of Varna, the Sea Garden, and main roads, offering a balance between tranquility and urban conveniences.
The property is suitable for family living with a focus on comfort and functionality close to nature and the city.
With 20% down over 20 years the monthly mortgage payment is about 2,036 €, against an expected local rent of 1,667 €. The rent covers 82% of it.
This property is advertised in 2 offers from 2 different sellers. The gap between the cheapest and the dearest is 29,990 €. It has been listed for 265 days. The asking price has fallen by 79,000 € (14.7%) since it was first listed.
Pros and cons
AI summaryPros
- functional layout
- sea view
- new-build
- quiet area
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- bedroom
- bedroom
- bedroom
- room
Details
- Category
- Residential
- Bathrooms
- 3
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
−38% below market
median 1,992 €/m² for comparable properties
953,000 € 1,229 €/m²
Rent covers ~ 39% of the payment
~ 1,667 €/mo rent · you top up ~ 2,561 €/mo
At market level
median 1,992 €/m² for comparable properties
599,000 € 2,139 €/m²
Rent covers ~ 63% of the payment
~ 1,667 €/mo rent · you top up ~ 991 €/mo
At market level
median 1,992 €/m² for comparable properties
380,000 € 1,958 €/m²
Rent covers ~ 99% of the payment
~ 1,667 €/mo rent · you top up ~ 19 €/mo
At market level
median 1,992 €/m² for comparable properties
470,000 € 2,025 €/m²
Rent covers ~ 80% of the payment
~ 1,667 €/mo rent · you top up ~ 418 €/mo
+32% above market
median 1,992 €/m² for comparable properties
550,000 € 2,619 €/m²
Rent covers ~ 68% of the payment
~ 1,667 €/mo rent · you top up ~ 773 €/mo
−16% below market
median 1,992 €/m² for comparable properties
585,000 € 1,671 €/m²
Rent covers ~ 64% of the payment
~ 1,667 €/mo rent · you top up ~ 929 €/mo
At market level
median 1,992 €/m² for comparable properties
340,000 € 2,048 €/m²
Rent covers ~ 111% of the payment
~ 1,667 €/mo rent · pays for itself in ~ 17 yrs