median 1,923 €/m² for comparable properties
Rent covers ~ 127% of the payment
~ 1,746 €/mo rent · pays for itself in ~ 15 yrs
~140,500 € BELOW MARKET
far below market
against the median for houses in Varna (1,034 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Strong investment rating
The rent covers 225% 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.
This house is priced about 140,500 € below the typical price (the median) for houses in Varna (1,034 properties) — 1,067 €/m² against 1,923 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
With 20% down over 20 years the monthly mortgage payment is about 776 €, against an expected local rent of 1,746 €. The rent covers the whole payment (225%).
median 1,923 €/m² for comparable properties
Rent covers ~ 127% of the payment
~ 1,746 €/mo rent · pays for itself in ~ 15 yrs
median 1,923 €/m² for comparable properties
Rent covers ~ 225% of the payment
~ 1,746 €/mo rent · pays for itself in ~ 8 yrs
median 1,923 €/m² for comparable properties
Rent covers ~ 249% of the payment
~ 1,746 €/mo rent · pays for itself in ~ 8 yrs