+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
Sale345,000 €2,029 €/m²
Expected rent1,764 € /mo
~88,000 € ABOVE MARKET
overpriced
against the median for houses in Borovec - Yug (65 properties)
Area
170 m²
Land Area
350 m²
Construction
Brick
Year
2026
Yield analysis
Good investment rating
Monthly payment1,531 €20% down payment · 20 yrs · 3%
Expected rent1,764 €at market conditions for the neighbourhood
The rent covers 115% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 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 88,000 € above the typical price (the median) for houses in Borovec - Yug (65 properties) — 2,029 €/m² against 1,512 €/m².
House with a total built-up area of 169.10 sq m, located in m-t Borovets - south, Varna city. The property is two-storey and offers a private yard of about 350 sq m.
The layout includes a spacious living room with kitchen and three separate bedrooms, providing functional and comfortable use for a family or holiday home.
The construction is brick, with Act 16 from 2026, using quality materials and featuring underfloor heating that only requires installation of a heat pump.
The location is close to a bus stop and a shop, with asphalt access and sea view from the second floor. The property is part of a shared plot with three houses without maintenance fees.
Suitable for people seeking tranquility close to nature with amenities for year-round living or vacation.
With 20% down over 20 years the monthly mortgage payment is about 1,531 €, against an expected local rent of 1,764 €. The rent covers the whole payment (115%).
Pros and cons
AI summaryPros
- functional layout
- private yard
- quality materials
- sea view
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Exposure
AI summaryNNorth
Even light, cooler during summer
Details
- Category
- Residential
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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