median 1,512 €/m² for comparable properties
Rent covers ~ 115% of the payment
~ 1,764 €/mo rent · pays for itself in ~ 16 yrs
~57,500 € ABOVE MARKET
overpriced
against the median for houses in Borovec - Yug (65 properties)
Strong investment rating
The rent covers 204% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 9 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This house is priced about 57,500 € above the typical price (the median) for houses in Borovec - Yug (65 properties) — 2,142 €/m² against 1,512 €/m².
The property is a residential building with Act 14 and a built-up area of 91 sq m, located in m-t Borovets - south, Varna city.
The layout is flexible, as the building can be completed and arranged according to personal preferences.
The construction is prefab panel, and the property has electricity and water accounts, as well as a separate hydrophore. The plot is flat and large, with an area of 1071 sq m, without elevation difference.
The location is quiet and peaceful, about 150 m from a bus stop, with year-round population in the area.
The property is suitable for people seeking the opportunity to personalise their living space close to nature with convenient access to urban infrastructure.
With 20% down over 20 years the monthly mortgage payment is about 865 €, against an expected local rent of 1,764 €. The rent covers the whole payment (204%).
The asking price has fallen by 15,000 € (7.1%) since it was first listed.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,512 €/m² for comparable properties
Rent covers ~ 115% of the payment
~ 1,764 €/mo rent · pays for itself in ~ 16 yrs
median 1,512 €/m² for comparable properties
Rent covers ~ 101% of the payment
~ 1,764 €/mo rent · pays for itself in ~ 19 yrs
median 1,512 €/m² for comparable properties
Rent covers ~ 153% of the payment
~ 1,764 €/mo rent · pays for itself in ~ 12 yrs
median 1,512 €/m² for comparable properties
Rent covers ~ 115% of the payment
~ 1,764 €/mo rent · pays for itself in ~ 16 yrs
median 1,512 €/m² for comparable properties
Rent covers ~ 130% of the payment
~ 1,764 €/mo rent · pays for itself in ~ 14 yrs
median 1,512 €/m² for comparable properties
Rent covers ~ 102% of the payment
~ 1,764 €/mo rent · pays for itself in ~ 18 yrs
median 1,512 €/m² for comparable properties
Rent covers ~ 406% of the payment
~ 1,764 €/mo rent · pays for itself in ~ 5 yrs
median 1,512 €/m² for comparable properties
Rent covers ~ 115% of the payment
~ 1,764 €/mo rent · pays for itself in ~ 16 yrs