At market level
median 1,923 €/m² for comparable properties
125,000 € 2,083 €/m²
Rent covers ~ 318% of the payment
~ 1,764 €/mo rent · pays for itself in ~ 6 yrs
Sale114,900 €1,915 €/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
Modular Construction
Year
2025
Yield analysis
Strong investment rating
Monthly payment510 €20% down payment · 20 yrs · 3%
Expected rent1,764 €at market conditions for the neighbourhood
The rent covers 346% 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.
Price history
1 change since listing▼ 3.4% · 4,100 €
- 119,000 €
- 114,900 €▼ 4,100 € (3.4%)
Property analysis
This house is priced at the typical price (the median) for houses in Varna (1,034 properties) — 1,915 €/m² against 1,923 €/m².
House with an area of 60 sq m, located in the Fichoza area, Varna city.
The layout includes an entrance hall, living room with kitchen area and access to a veranda, two bedrooms, bathroom, and laundry room.
The construction is modular from 2025, with separate utility accounts for electricity and water, as well as parking.
The location is in a wooded area with access via an asphalt road, close to the sea coast, providing tranquility and a natural environment.
The property is suitable for use as a holiday home or for rental, combining convenience and functionality.
With 20% down over 20 years the monthly mortgage payment is about 510 €, against an expected local rent of 1,764 €. The rent covers the whole payment (346%).
The asking price has fallen by 4,100 € (3.4%) since it was first listed.
Pros and cons
AI summaryPros
- functional layout
- separate utility accounts
- asphalt access
- veranda
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- entrance hall
- living room
- bedroom
- bedroom
- bathroom
- laundry room
Details
- Category
- Residential
- Bathrooms
- 1
- Furnishing
- Yes
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