+28% above market
median 2,029 €/m² for comparable properties
259,999 € 2,599 €/m²
Rent covers ~ 163% of the payment
~ 1,875 €/mo rent · pays for itself in ~ 12 yrs
Sale1,200,000 €3,870 €/m²
Expected rent1,875 € /mo
~571,000 € ABOVE MARKET
overpriced
against the median for houses in Evksinograd (20 properties)
Area
310 m²
Land Area
808 m²
Construction
Brick
Year
2009
Yield analysis
Low investment rating
Monthly payment5,324 €20% down payment · 20 yrs · 3%
Expected rent1,875 €at market conditions for the neighbourhood
The rent covers 35% of the payment — you top up about 3,449 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 53 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 571,000 € above the typical price (the median) for houses in Evksinograd (20 properties) — 3,870 €/m² against 2,029 €/m².
House with a total built-up area of 310 sq m, located in m-t Evksinograd, Varna city.
Layout includes a spacious living room with dining area and kitchen, three bedrooms, office/guest room, sauna and SPA area with jacuzzi.
The construction is brick from 2009, using quality materials such as Italian granite tiles and Venetian plaster; heating is local pellet-based.
The property has a yard of 808 sq m with a pool, landscaped garden and three parking spaces, providing privacy and convenience.
Suitable for family living close to nature with good connection to Varna city centre.
With 20% down over 20 years the monthly mortgage payment is about 5,324 €, against an expected local rent of 1,875 €. The rent covers 35% of it.
This property is advertised in 2 offers from 2 different sellers. All offers are at the same price. It has been listed for 28 days.
Pros and cons
AI summaryPros
- functional layout
- pool and SPA area
- quality materials
- spacious yard
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- veranda
- living room
- bedroom
- living room
- bathroom
- bedroom
- bathroom
Details
- Category
- Residential
- Bathrooms
- 3
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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