+34% above market
median 1,512 €/m² for comparable properties
345,000 € 2,029 €/m²
Rent covers ~ 115% of the payment
~ 1,758 €/mo rent · pays for itself in ~ 16 yrs
Sale257,000 €1,511 €/m²
Expected rent1,758 € /mo
AT MARKET LEVEL
fairly priced
against the median for houses in Borovec - Yug (65 properties)
Area
170 m²
Land Area
350 m²
Construction
Brick
Year
2024
Yield analysis
Strong investment rating
Monthly payment1,140 €20% down payment · 20 yrs · 3%
Expected rent1,758 €at market conditions for the neighbourhood
The rent covers 154% 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 at the typical price (the median) for houses in Borovec - Yug (65 properties) — 1,511 €/m² against 1,512 €/m².
House with total floor area of 170 sq m in the Borovets - south area, Varna city.
The layout includes three bedrooms, a living area with kitchenette, two bathrooms with toilets, a pantry, storage, and two terraces.
The construction is brick from 2024, with installed plumbing and electrical systems, waterproofing and thermal insulation, the property is sold according to BDS standards.
The location offers easy access via an asphalt road close to a main road and amenities such as bus stops, supermarkets, and schools.
The property is suitable for permanent residence or investment, combining natural surroundings and city conveniences.
With 20% down over 20 years the monthly mortgage payment is about 1,140 €, against an expected local rent of 1,758 €. The rent covers the whole payment (154%).
Pros and cons
AI summaryPros
- functional layout
- sea view
- two parking spaces
- new-build
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- bedroom
- bedroom
- bedroom
- living area 37 sq m
Amenities
- Under Construction
- With Parking
Details
- Category
- Residential
- Bathrooms
- 3
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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