+34% above market
median 1,512 €/m² for comparable properties
345,000 € 2,029 €/m²
Rent covers ~ 115% of the payment
~ 1,764 €/mo rent · pays for itself in ~ 16 yrs
Sale260,000 €2,363 €/m²
Expected rent1,764 € /mo
~93,500 € ABOVE MARKET
overpriced
against the median for houses in Borovec - Yug (65 properties)
Area
110 m²
Land Area
350 m²
Construction
Brick
Year
2026
Yield analysis
Strong investment rating
Monthly payment1,154 €20% down payment · 20 yrs · 3%
Expected rent1,764 €at market conditions for the neighbourhood
The rent covers 153% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 12 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 93,500 € above the typical price (the median) for houses in Borovec - Yug (65 properties) — 2,363 €/m² against 1,512 €/m².
The property is a floor of a house in a gated complex in m-t Borovets - south, Varna city.
The layout includes a kitchenette with living area, two bedrooms, storage room, corridor, bathroom with toilet, and terrace with sea view.
The building is new-build brick (2026) with individual electricity meters for each floor and an installed treatment plant.
The complex offers a parking space for each apartment, barbecue area, and pool, located about 150 m from the main road.
The property is suitable for people seeking peace and amenities in a small gated complex with good location and sea view.
With 20% down over 20 years the monthly mortgage payment is about 1,154 €, against an expected local rent of 1,764 €. The rent covers the whole payment (153%).
Pros and cons
AI summaryPros
- sea view
- gated complex
- new-build
- parking space
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- kitchenette
- living area
- bedroom
- bedroom
- storage room
- corridor
- bathroom
- toilet
- terrace
Details
- Category
- Residential
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
+42% above market
median 1,512 €/m² for comparable properties
195,000 € 2,142 €/m²
Rent covers ~ 204% of the payment
~ 1,764 €/mo rent · pays for itself in ~ 9 yrs
−25% below market
median 1,512 €/m² for comparable properties
395,000 € 1,131 €/m²
Rent covers ~ 101% of the payment
~ 1,764 €/mo rent · pays for itself in ~ 19 yrs
+34% above market
median 1,512 €/m² for comparable properties
345,000 € 2,029 €/m²
Rent covers ~ 115% of the payment
~ 1,764 €/mo rent · pays for itself in ~ 16 yrs
+19% above market
median 1,512 €/m² for comparable properties
305,000 € 1,794 €/m²
Rent covers ~ 130% of the payment
~ 1,764 €/mo rent · pays for itself in ~ 14 yrs
−25% below market
median 1,512 €/m² for comparable properties
390,000 € 1,130 €/m²
Rent covers ~ 102% of the payment
~ 1,764 €/mo rent · pays for itself in ~ 18 yrs
+16% above market
median 1,512 €/m² for comparable properties
98,000 € 1,750 €/m²
Rent covers ~ 406% of the payment
~ 1,764 €/mo rent · pays for itself in ~ 5 yrs
+34% above market
median 1,512 €/m² for comparable properties
345,000 € 2,029 €/m²
Rent covers ~ 115% of the payment
~ 1,764 €/mo rent · pays for itself in ~ 16 yrs