−18% below market
median 2,875 €/m² for comparable properties
3,990,990 € 2,347 €/m²
Rent covers ~ 10% of the payment
~ 1,748 €/mo rent · you top up ~ 15,959 €/mo
Sale498,000 €2,441 €/m²
Expected rent2,078 € /mo
AT MARKET LEVEL
fairly priced
against the median for houses in Centyr (18 properties)
Area
204 m²
Land Area
195 m²
Construction
Brick
Year
1980
Yield analysis
Fair investment rating
Monthly payment2,210 €20% down payment · 20 yrs · 3%
Expected rent2,078 €at market conditions for the neighbourhood
The rent covers 94% of the payment — you top up about 132 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 20 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 at the typical price (the median) for houses in Centyr (18 properties) — 2,441 €/m² against 2,371 €/m².
House in the city of Varna, in the Center area, close to the Archaeological Museum.
The layout includes a basement with a cellar and storage, ground floor with living room, bedroom and bathroom, as well as second floor with two bedrooms, bathroom and terrace.
The building is brick from 1980, after major renovation with replaced plumbing and electrical installations, heating by gas boiler and air conditioning.
The location is convenient, five minutes from the pedestrian zone and close to schools and kindergartens.
The property is suitable for family use with good functionality and private yard with parking space.
With 20% down over 20 years the monthly mortgage payment is about 2,210 €, against an expected local rent of 2,078 €. The rent covers 94% of it.
Pros and cons
AI summaryPros
- functional layout
- parking space
- private yard
- after major renovation
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- ground floor - living room /about 30 sq m/
- ground floor - bedroom
- second floor - bedroom
- second floor - bedroom
Amenities
- With Parking
Details
- Category
- Residential
- Bathrooms
- 2
Location
Similar properties nearby
−15% below market
median 2,371 €/m² for comparable properties
1,200,000 € 2,016 €/m²
Rent covers ~ 39% of the payment
~ 2,078 €/mo rent · you top up ~ 3,246 €/mo
At market level
median 2,371 €/m² for comparable properties
480,000 € 2,352 €/m²
Rent covers ~ 98% of the payment
~ 2,078 €/mo rent · you top up ~ 52 €/mo
−12% below market
median 2,371 €/m² for comparable properties
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Rent covers ~ 84% of the payment
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Rent covers ~ 7% of the payment
~ 2,078 €/mo rent · you top up ~ 26,317 €/mo
+148% above market
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Rent covers ~ 78% of the payment
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median 2,371 €/m² for comparable properties
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Rent covers ~ 390% of the payment
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+46% above market
median 2,371 €/m² for comparable properties
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Rent covers ~ 104% of the payment
~ 2,078 €/mo rent · pays for itself in ~ 18 yrs