At market level
median 1,875 €/m² for comparable properties
450,000 € 1,875 €/m²
Rent covers ~ 99% of the payment
~ 1,982 €/mo rent · you top up ~ 15 €/mo
Sale1,000,000 €3,846 €/m²
Expected rent1,982 € /mo
~512,500 € ABOVE MARKET
overpriced
against the median for houses in Akchelar (62 properties)
Area
260 m²
Land Area
400 m²
Construction
Brick
Year
2020
Yield analysis
Low investment rating
Monthly payment4,437 €20% down payment · 20 yrs · 3%
Expected rent1,982 €at market conditions for the neighbourhood
The rent covers 45% of the payment — you top up about 2,455 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 42 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 512,500 € above the typical price (the median) for houses in Akchelar (62 properties) — 3,846 €/m² against 1,875 €/m².
The house is located in the Akchelar area, Varna, with a built-up area of 260 sq m and a plot of 402 sq m.
The layout includes a basement with a large garage, a spacious living area on the first floor with kitchen and dining area, as well as two bedrooms with walk-in closets and bathrooms on the second floor.
The construction is brick from 2020, with modern architecture and quality execution, including French windows and the possibility for an elevator.
The location offers quiet and clean air while providing quick access to the central parts of Varna.
The property is suitable for family living with the possibility to combine business activity or investment in a peaceful environment.
With 20% down over 20 years the monthly mortgage payment is about 4,437 €, against an expected local rent of 1,982 €. The rent covers 45% of it.
Pros and cons
AI summaryPros
- sea view
- large garage
- functional layout
- quality materials
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living area 60 sq m
- bedroom 25 sq m
- bedroom 25 sq m
Exposure
AI summarySSouth
Maximum sunlight throughout the day
NNorth
Even light, cooler during summer
Details
- Category
- Residential
- Bathrooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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