At market level
median 1,923 €/m² for comparable properties
114,900 € 1,915 €/m²
Rent covers ~ 346% of the payment
~ 1,764 €/mo rent · pays for itself in ~ 5 yrs
Sale125,000 €2,083 €/m²
Expected rent1,764 € /mo
AT MARKET LEVEL
fairly priced
against the median for houses in Varna (1,034 properties)
Area
60 m²
Land Area
116 m²
Construction
Brick
Year
2024
Yield analysis
Strong investment rating
Monthly payment555 €20% down payment · 20 yrs · 3%
Expected rent1,764 €at market conditions for the neighbourhood
The rent covers 318% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 6 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 Varna (1,034 properties) — 2,083 €/m² against 1,923 €/m².
With 20% down over 20 years the monthly mortgage payment is about 555 €, against an expected local rent of 1,764 €. The rent covers the whole payment (318%).
Details
- Category
- Residential
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
+11% above market
median 1,923 €/m² for comparable properties
699,000 € 2,131 €/m²
Rent covers ~ 57% of the payment
~ 1,764 €/mo rent · you top up ~ 1,337 €/mo
At market level
median 1,923 €/m² for comparable properties
114,900 € 1,915 €/m²
Rent covers ~ 346% of the payment
~ 1,764 €/mo rent · pays for itself in ~ 5 yrs