median 1,923 €/m² for comparable properties
Rent covers ~ 109% of the payment
~ 1,746 €/mo rent · pays for itself in ~ 17 yrs
~170,500 € ABOVE MARKET
overpriced
against the median for houses in Varna (1,034 properties)
Fair investment rating
The rent covers 92% of the payment — you top up about 162 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 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 170,500 € above the typical price (the median) for houses in Varna (1,034 properties) — 3,185 €/m² against 1,923 €/m².
The property is a two-storey house in the district of Levski, Varna city. It has a total area of 135 sq m and a separate entrance.
The layout includes an entrance hall, kitchen with dining area, spacious living room, two bedrooms, bathroom, toilet, storage room and terrace, as well as a separate two-room apartment in the semi-basement.
The building was constructed of brick in 1990, is in good condition and has parking spaces for two cars. The property is located on the second floor of a total of two.
The location is quiet and peaceful, close to schools, universities and amenities such as shops and bus stops. The yard offers a barbecue with gazebo and a landscaped garden area with automatic irrigation system.
This property is suitable for family living with good functionality and amenities in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 1,908 €, against an expected local rent of 1,746 €. The rent covers 92% of it.
This property is advertised in 2 offers, all from the same agency. The gap between the cheapest and the dearest is 45,000 €. It has been listed for 337 days. The asking price has fallen by 30,000 € (6.5%) since it was first listed.
Maximum sunlight throughout the day
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,923 €/m² for comparable properties
Rent covers ~ 109% of the payment
~ 1,746 €/mo rent · pays for itself in ~ 17 yrs
median 1,923 €/m² for comparable properties
Rent covers ~ 127% of the payment
~ 1,746 €/mo rent · pays for itself in ~ 15 yrs