+105% above market
median 1,875 €/m² for comparable properties
1,000,000 € 3,846 €/m²
Rent covers ~ 45% of the payment
~ 1,982 €/mo rent · you top up ~ 2,455 €/mo
Sale450,000 €1,875 €/m²
Expected rent1,982 € /mo
AT MARKET LEVEL
fairly priced
against the median for houses in Akchelar (62 properties)
Area
240 m²
Land Area
520 m²
Construction
Brick
Year
2025
Yield analysis
Fair investment rating
Monthly payment1,997 €20% down payment · 20 yrs · 3%
Expected rent1,982 €at market conditions for the neighbourhood
The rent covers 99% of the payment — you top up about 15 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 19 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 at the typical price (the median) for houses in Akchelar (62 properties) — 1,875 €/m² against 1,875 €/m².
House with an area of 240 sq m, located in the Akchelar area, Varna city. The property is part of a small complex of 7 houses with separate yards.
The layout includes a semi-basement floor with multifunctional space, a ground floor with living room and kitchen nook, veranda and toilet, as well as a third floor with three bedrooms and two bathrooms.
The construction is brick, new from 2025, with 15 cm styrofoam insulation and issued Act 16. The property has an independent yard of 520 sq m and two parking spaces in front of the house.
The location offers tranquility, fresh air and sea panorama, access is via a concrete road, and the property has its own septic tank and two water wells.
The house is suitable for family use with a focus on privacy and functionality close to nature.
With 20% down over 20 years the monthly mortgage payment is about 1,997 €, against an expected local rent of 1,982 €. The rent covers 99% of it.
Pros and cons
AI summaryPros
- functional layout
- sea view
- independent yard
- new-build
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- 80 sq m space
- living room with kitchen nook 55 sq m
- bedroom
- bedroom
- bedroom
Details
- Category
- Residential
- Bathrooms
- 2
Location
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median 1,875 €/m² for comparable properties
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Rent covers ~ 99% of the payment
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