Sale

House in Varna, Centyr

VarnaCentyr
Published: 21 November 2025 Updated: 10 August 2026
Sale120,000 €1,967 €/m²
Expected rent2,078 € /mo

~24,500 € BELOW MARKET

good value

against the median for houses in Centyr (18 properties)

Area
61 m²
Construction
Brick
Year
1960

Yield analysis

Strong investment rating

20.8% / yr
Monthly payment532 €20% down payment · 20 yrs · 3%
Expected rent2,078 €at market conditions for the neighbourhood

The rent covers 390% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 5 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▼ 14.3% · 20,000 €
  1. 140,000 €21 November 2025Initial price
  2. 130,000 €▼ 10,000 € (7.1%) 4 March 2026Price reduced
  3. 120,000 €▼ 10,000 € (7.7%) 10 August 2026Price reducedCurrent

Property analysis

This house is priced about 24,500 € below the typical price (the median) for houses in Centyr (18 properties) — 1,967 €/m² against 2,371 €/m².

With 20% down over 20 years the monthly mortgage payment is about 532 €, against an expected local rent of 2,078 €. The rent covers the whole payment (390%).

The asking price has fallen by 20,000 € (14.3%) since it was first listed.

Source: Market statistics for houses in Centyr

Details

Category
Residential
Bathrooms
1

Approximate location

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

Similar properties nearby

−12% below market

median 2,371 €/m² for comparable properties

555,000 € 2,078 €/m²
  • 267m²

Rent covers ~ 84% of the payment

~ 2,078 €/mo rent · you top up ~ 384 €/mo

+50% above market

median 2,371 €/m² for comparable properties

6,400,000 € 3,565 €/m²
  • 1,795m²
  • 0/0fl.
  • 4offers

Rent covers ~ 7% of the payment

~ 2,078 €/mo rent · you top up ~ 26,317 €/mo

+148% above market

median 2,371 €/m² for comparable properties

599,000 € 5,872 €/m²
  • 102m²

Rent covers ~ 78% of the payment

~ 2,078 €/mo rent · you top up ~ 580 €/mo