+34% above market
median 1,512 €/m² for comparable properties
345,000 €2,029 €/m²
Rent covers ~ 116% of the payment
~ 1,777 €/mo rent · pays for itself in ~ 16 yrs
Sale105,000 €1,640 €/m²
Expected rent1,777 € /mo
AT MARKET LEVEL
fairly priced
against the median for houses in Borovec - Yug (65 properties)
Area
64 m²
Land Area
780 m²
Construction
Brick
Year
2010
Yield analysis
Strong investment rating
Monthly payment466 €20% down payment · 20 yrs · 3%
Expected rent1,777 €at market conditions for the neighbourhood
The rent covers 381% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 5 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
1 change since listing▼ 11.8% · 14,000 €
- 119,000 €
- 105,000 €▼ 14,000 € (11.8%)
Property analysis
This house is priced at the typical price (the median) for houses in Borovec - Yug (65 properties) — 1,640 €/m² against 1,512 €/m².
House in m-t Borovets - south, Varna, offering tranquility and proximity to the city.
It features 3 rooms, including a living room and two bedrooms, with a functional layout for year-round use.
The construction is brick, the property is maintained and ready to live in, with separate utility meters for electricity and water.
The 780 sq m yard provides space for relaxation and gardening in a green area with low-rise buildings.
The location offers convenient access to Varna and main roads, suitable for both permanent residence and vacation property.
With 20% down over 20 years the monthly mortgage payment is about 466 €, against an expected local rent of 1,777 €. The rent covers the whole payment (381%).
The asking price has fallen by 14,000 € (11.8%) since it was first listed.
Pros and cons
AI summaryPros
- functional layout
- large yard
- ready to live
- good access
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room
- bedroom
- bedroom
Details
- Category
- Residential
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 ~ 205% of the payment
~ 1,777 €/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
~ 1,777 €/mo rent · pays for itself in ~ 19 yrs
+56% above market
median 1,512 €/m² for comparable properties
260,000 €2,363 €/m²
Rent covers ~ 154% of the payment
~ 1,777 €/mo rent · pays for itself in ~ 12 yrs
+34% above market
median 1,512 €/m² for comparable properties
345,000 €2,029 €/m²
Rent covers ~ 116% of the payment
~ 1,777 €/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 ~ 131% of the payment
~ 1,777 €/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 ~ 103% of the payment
~ 1,777 €/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 ~ 409% of the payment
~ 1,777 €/mo rent · pays for itself in ~ 5 yrs