Sale

House in Varna, Izgrev

VarnaIzgrev
Published: 30 July 2025 Updated: 7 May 2026
Sale160,000 €3,902 €/m²
Expected rent1,748 € /mo

~78,500 € ABOVE MARKET

overpriced

against the median for houses in Izgrev (21 properties)

Area
41 m²
Land Area
516 m²
Construction
Brick
Year
1999

Yield analysis

Strong investment rating

13.1% / yr
Monthly payment710 €20% down payment · 20 yrs · 3%
Expected rent1,748 €at market conditions for the neighbourhood

The rent covers 246% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 8 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 78,500 € above the typical price (the median) for houses in Izgrev (21 properties) — 3,902 €/m² against 1,987 €/m².

With 20% down over 20 years the monthly mortgage payment is about 710 €, against an expected local rent of 1,748 €. The rent covers the whole payment (246%).

Source: Market statistics for houses in Izgrev

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

At market level

median 1,987 €/m² for comparable properties

525,000 € 2,160 €/m²
  • 243m²

Rent covers ~ 75% of the payment

~ 1,748 €/mo rent · you top up ~ 581 €/mo

−29% below market

median 1,987 €/m² for comparable properties

365,000 € 1,403 €/m²
  • 260m²

Rent covers ~ 108% of the payment

~ 1,748 €/mo rent · pays for itself in ~ 17 yrs

At market level

median 1,987 €/m² for comparable properties

360,000 € 2,022 €/m²
  • 178m²
  • 3/3fl.

Rent covers ~ 109% of the payment

~ 1,748 €/mo rent · pays for itself in ~ 17 yrs

+36% above market

median 1,987 €/m² for comparable properties

680,000 € 2,709 €/m²
  • 251m²

Rent covers ~ 58% of the payment

~ 1,748 €/mo rent · you top up ~ 1,269 €/mo