At market level
median 1,987 €/m² for comparable properties
279,000 € 1,951 €/m²
Rent covers ~ 141% of the payment
~ 1,748 €/mo rent · pays for itself in ~ 13 yrs
Sale349,000 €2,208 €/m²
Expected rent1,748 € /mo
~35,000 € ABOVE MARKET
above market
against the median for houses in Izgrev (21 properties)
Area
158 m²
Land Area
369 m²
Construction
Brick
Year
2026
Yield analysis
Good investment rating
Monthly payment1,548 €20% down payment · 20 yrs · 3%
Expected rent1,748 €at market conditions for the neighbourhood
The rent covers 113% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 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 35,000 € above the typical price (the median) for houses in Izgrev (21 properties) — 2,208 €/m² against 1,987 €/m².
House with an area of 158 sq m, located in the district of Izgrev, Varna. The property offers views of the sea and the city.
The layout includes a living room with kitchen (42 sq m), three bedrooms, two bathrooms, a storage room, and a 70 sq m veranda, providing functional use of space.
The construction is brick with high-quality materials, seven-chamber Rehau window frames, and low-emission double glazing, ensuring good thermal insulation.
The location has convenient access via an asphalt road and two parking spaces with the possibility of a third. The surrounding yard can be landscaped according to the owner's preferences.
The property is suitable for family use, combining spaciousness and convenient access with panoramic views.
With 20% down over 20 years the monthly mortgage payment is about 1,548 €, against an expected local rent of 1,748 €. The rent covers the whole payment (113%).
Pros and cons
AI summaryPros
- sea and city view
- south aspect
- quality materials
- parking spaces
Cons
- Act 14 (unfinished)
Layout
- living room with kitchen 42 sq m
- corridor
- storage room 4 sq m
- bathroom
- veranda 70 sq m
- entrance hall
- bedroom 12.5 sq m
- bedroom 13.3 sq m
- bedroom 16 sq m
Exposure
AI summarySSouth
Maximum sunlight throughout the day
Details
- Category
- Residential
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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