+15% above market
median 1,158 €/m² for comparable properties
399,990 € 1,333 €/m²
Rent covers ~ 99% of the payment
~ 1,758 €/mo rent · you top up ~ 17 €/mo
Sale337,000 €1,130 €/m²
Expected rent1,758 € /mo
Area
298 m²
Land Area
603 m²
Construction
Brick
Year
2020
Heating
Local Heating
Yield analysis
Good investment rating
Monthly payment1,495 €20% down payment · 20 yrs · 3%
Expected rent1,758 €at market conditions for the neighbourhood
The rent covers 118% 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.
Price history
5 changes since listing▼ 17.8% · 73,000 €
- 410,000 €
- 405,000 €▼ 5,000 € (1.2%)
- 399,000 €▼ 6,000 € (1.5%)
- 380,000 €▼ 19,000 € (4.8%)
- 345,000 €▼ 35,000 € (9.2%)
- 337,000 €▼ 8,000 € (2.3%)
Property analysis
This house is priced at the typical price (the median) for comparable properties — 1,130 €/m² against 1,158 €/m².
House with a total built-up area of 298 sq m, located in m-t Dobreva cheshma, near the city of Varna. The property was built in 2020 with brick construction and offers direct access to a pine forest.
The layout includes a ground floor with storage rooms, sauna, and boiler room; the first floor with a spacious living room and kitchen opening onto a terrace; and the second floor with three bedrooms, a bathroom, and a terrace with sea view.
The house is renovated and equipped with air conditioners, radiator installation, and a wood-burning fireplace. The yard has a regular shape, solid fence, and automatic gate providing two outdoor parking spaces.
The area is quiet and green, suitable for year-round living, with the possibility to install solar panels. The location combines tranquility and proximity to nature.
The property is suitable for family living with good functionality and amenities for comfortable life near Varna.
With 20% down over 20 years the monthly mortgage payment is about 1,495 €, against an expected local rent of 1,758 €. The rent covers the whole payment (118%).
This property is advertised in 2 offers, all from the same agency. The gap between the cheapest and the dearest is 8,000 €. It has been listed for 270 days. The asking price has fallen by 73,000 € (17.8%) since it was first listed.
Pros and cons
AI summaryPros
- sea view
- direct forest access
- two parking spaces
- renovated
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- storage room
- sauna
- bathroom
- toilet
- boiler room
- entrance hall
- bathroom
- toilet
- study
- living room
- kitchen
- bedroom
- bedroom
- bedroom
- dressing room
- terrace
- balcony
Amenities
- With Parking
- Internet Connection
- Access Control
- Renovated
Exposure
AI summaryNNorth
Even light, cooler during summer
EEast
Morning sun, cooler afternoons
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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