median 1,418 €/m² for comparable properties
Rent covers ~ 240% of the payment
~ 1,748 €/mo rent · pays for itself in ~ 8 yrs
~51,500 € BELOW MARKET
far below market
against the median for houses in Hristo Botev (14 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 821% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 2 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 51,500 € below the typical price (the median) for houses in Hristo Botev (14 properties) — 685 €/m² against 1,418 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
House with an area of 70 sq m, located in the Hristo Botev district of Varna. The property is situated on a quiet street with convenient access to main roads and public transport.
The layout includes two bright rooms and an entrance hall on the main level, as well as an additional room and a bathroom in the basement, providing flexibility in use.
The construction is timber-joist, with the load-bearing roof elements replaced, and the window frames and interior doors are new. The property requires finishing works and renovation for full functionality.
The house has a yard of 123 sq m in co-ownership, suitable for a garden or relaxation area. The location offers tranquility close to urban infrastructure.
The property is suitable for living or investment, offering the opportunity for customization according to the future owner's needs.
With 20% down over 20 years the monthly mortgage payment is about 213 €, against an expected local rent of 1,748 €. The rent covers the whole payment (821%).
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,418 €/m² for comparable properties
Rent covers ~ 240% of the payment
~ 1,748 €/mo rent · pays for itself in ~ 8 yrs
median 1,418 €/m² for comparable properties
Rent covers ~ 716% of the payment
~ 1,748 €/mo rent · pays for itself in ~ 3 yrs
median 1,418 €/m² for comparable properties
Rent covers ~ 492% of the payment
~ 1,748 €/mo rent · pays for itself in ~ 4 yrs
median 1,418 €/m² for comparable properties
Rent covers ~ 240% of the payment
~ 1,748 €/mo rent · pays for itself in ~ 8 yrs
median 1,418 €/m² for comparable properties
Rent covers ~ 146% of the payment
~ 1,748 €/mo rent · pays for itself in ~ 13 yrs
median 1,418 €/m² for comparable properties
Rent covers ~ 239% of the payment
~ 1,748 €/mo rent · pays for itself in ~ 8 yrs
median 1,418 €/m² for comparable properties
Rent covers ~ 98% of the payment
~ 1,748 €/mo rent · you top up ~ 31 €/mo
median 1,418 €/m² for comparable properties
Rent covers ~ 240% of the payment
~ 1,748 €/mo rent · pays for itself in ~ 8 yrs