~13,500 € ABOVE MARKET
above market
against the median for houses in Varna (1,023 properties)
Yield analysis
Strong investment rating
The rent covers 401% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 5 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 13,500 € above the typical price (the median) for houses in Varna (1,023 properties) — 2,222 €/m² against 1,923 €/m².
The house is located in the Lyatno Kino Trakiya district, Varna city, near the Dental Faculty.
The layout includes an entrance hall, kitchen with dining area, small living room and bedroom, with walk-through rooms.
The building is brick from 1995 and requires renovation, which should be considered when using the property. The property includes a garage and a parking space on the street.
The location is in an urban environment with convenient access to educational institutions and city infrastructure.
It is suitable for investment or for use after renovation, offering basic functionality and the possibility for adaptation according to needs.
With 20% down over 20 years the monthly mortgage payment is about 444 €, against an expected local rent of 1,777 €. The rent covers the whole payment (401%).
Pros and cons
AI summary- garage
- parking space
- brick construction
- needs renovation
- walk-through rooms
Layout
- entrance hall
- kitchen-dining area
- living room
- bedroom
Amenities
- With Transition
- With Parking
- Needs Renovation
Details
- Category
- Residential
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.