−18% below market
median 2,875 €/m² for comparable properties
3,990,990 € 2,347 €/m²
Rent covers ~ 10% of the payment
~ 1,746 €/mo rent · you top up ~ 15,961 €/mo
Sale29,900 €474 €/m²
Expected rent2,078 € /mo
~119,500 € BELOW MARKET
far below market
against the median for houses in Centyr (18 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Area
63 m²
Land Area
1 m²
Construction
Panel
Heating
District Heating
Yield analysis
Strong investment rating
Monthly payment133 €20% down payment · 20 yrs · 3%
Expected rent2,078 €at market conditions for the neighbourhood
The rent covers 1566% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 1 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 119,500 € below the typical price (the median) for houses in Centyr (18 properties) — 474 €/m² against 2,371 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Modular house with an area of 63 sq m, located in the Center of Varna city.
The layout is compact and functional, suitable for basic residential needs.
The construction is prefab panel with a galvanized steel structure, which ensures long service life and the possibility of quick assembly.
The location is urban, in the central part of Varna, providing easy access to city infrastructure and services.
The property is suitable for people seeking a quick and mobile housing solution or temporary home with the option for relocation and resale.
With 20% down over 20 years the monthly mortgage payment is about 133 €, against an expected local rent of 2,078 €. The rent covers the whole payment (1566%).
Pros and cons
AI summaryPros
- quick assembly
- mobility
- long service life
- certified structure
Cons
- prefab panel construction
- lack of detailed amenities
Details
- Category
- Residential
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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