median 1,923 €/m² for comparable properties
Rent covers ~ 345% of the payment
~ 1,758 €/mo rent · pays for itself in ~ 5 yrs
AT MARKET LEVEL
fairly priced
against the median for houses in Varna (1,032 properties)
Strong investment rating
The rent covers 345% 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.
This house is priced at the typical price (the median) for houses in Varna (1,032 properties) — 1,915 €/m² against 1,923 €/m².
With 20% down over 20 years the monthly mortgage payment is about 510 €, against an expected local rent of 1,758 €. The rent covers the whole payment (345%).
The asking price has fallen by 5,000 € (4.2%) since it was first listed.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,923 €/m² for comparable properties
Rent covers ~ 345% of the payment
~ 1,758 €/mo rent · pays for itself in ~ 5 yrs
median 1,923 €/m² for comparable properties
Rent covers ~ 317% of the payment
~ 1,758 €/mo rent · pays for itself in ~ 6 yrs
median 1,923 €/m² for comparable properties
Rent covers ~ 57% of the payment
~ 1,758 €/mo rent · you top up ~ 1,343 €/mo