−96% below market
median 1,838 €/m² for comparable properties
75,000 €78 €/m²
Rent covers ~ 534% of the payment
~ 1,777 €/mo rent · pays for itself in ~ 4 yrs
Sale240,000 €1,500 €/m²
Expected rent1,777 € /mo
~54,000 € BELOW MARKET
good value
against the median for houses in Borovec - Sever (22 properties)
Area
160 m²
Land Area
800 m²
Construction
Brick
Year
1980
Heating
District Heating
Yield analysis
Strong investment rating
Monthly payment1,065 €20% down payment · 20 yrs · 3%
Expected rent1,777 €at market conditions for the neighbourhood
The rent covers 167% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 11 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 54,000 € below the typical price (the median) for houses in Borovec - Sever (22 properties) — 1,500 €/m² against 1,838 €/m².
House with an area of 160 sq m, located in m-t Borovets - north, Varna city.
The layout includes 2-3 bedrooms, kitchen, dining room/living room, pantry, bathroom and toilet, providing functional use of the space.
The building is brick-built from 1980, in good condition and ready to live in, with available parking.
The property has a yard of 800 sq m and frontage on the main road, making it suitable for both residential use and business activity. Nearby are public transport stops, shops and a pharmacy.
Suitable for family use with the possibility to combine residential and commercial functions.
With 20% down over 20 years the monthly mortgage payment is about 1,065 €, against an expected local rent of 1,777 €. The rent covers the whole payment (167%).
Pros and cons
AI summaryPros
- functional layout
- large yard
- parking
- main road frontage
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- bedroom
- bedroom
- kitchen
- dining room
- living room
- pantry
- bathroom
Amenities
- With Parking
Details
- Category
- Residential
- Bathrooms
- 1
- Furnishing
- Yes
Location
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