−17% below market
median 2,005 €/m² for comparable properties
400,000 € 1,659 €/m²
Rent covers ~ 125% of the payment
~ 2,217 €/mo rent · pays for itself in ~ 15 yrs
Sale285,000 €2,159 €/m²
Expected rent2,217 € /mo
AT MARKET LEVEL
fairly priced
against the median for houses in Gorna Traka (96 properties)
Area
132 m²
Land Area
205 m²
Construction
Brick
Year
2027
Yield analysis
Strong investment rating
Monthly payment1,264 €20% down payment · 20 yrs · 3%
Expected rent2,217 €at market conditions for the neighbourhood
The rent covers 175% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 11 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
2 changes since listing▲ 7.5% · 20,000 €
- 265,000 €
- 275,000 €▲ 10,000 € (3.8%)
- 285,000 €▲ 10,000 € (3.6%)
Property analysis
This house is priced at the typical price (the median) for houses in Gorna Traka (96 properties) — 2,159 €/m² against 2,005 €/m².
House with three bedrooms, located in m-t Gorna Traka, Varna city.
The layout is on two levels with a spacious living room (34 sq m), three bedrooms, a walk-in closet, two bathrooms with toilets, and a balcony. There is access to a private yard and two parking spaces are included.
The construction is brick, a new building from 2027, which implies modern materials and technologies.
The location is quiet and green, with quick access both to the center of Varna and to the sea.
Suitable for family use with an emphasis on functionality and comfort close to nature.
With 20% down over 20 years the monthly mortgage payment is about 1,264 €, against an expected local rent of 2,217 €. The rent covers the whole payment (175%).
The asking price has risen by 20,000 € (7.5%) since it was first listed.
Pros and cons
AI summaryPros
- functional layout
- private yard
- two parking spaces
- new building
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- bedroom
- bedroom
- bedroom
- living room
Details
- Category
- Residential
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
−46% below market
median 2,005 €/m² for comparable properties
650,000 € 1,083 €/m²
Rent covers ~ 77% of the payment
~ 2,217 €/mo rent · you top up ~ 667 €/mo
−55% below market
median 2,005 €/m² for comparable properties
538,000 € 896 €/m²
Rent covers ~ 93% of the payment
~ 2,217 €/mo rent · you top up ~ 170 €/mo
At market level
median 2,005 €/m² for comparable properties
435,000 € 2,004 €/m²
Rent covers ~ 115% of the payment
~ 2,217 €/mo rent · pays for itself in ~ 16 yrs
At market level
median 2,005 €/m² for comparable properties
325,000 € 2,031 €/m²
Rent covers ~ 154% of the payment
~ 2,217 €/mo rent · pays for itself in ~ 12 yrs
At market level
median 2,000 €/m² for comparable properties
685,000 € 2,008 €/m²
Rent covers ~ 56% of the payment
~ 1,688 €/mo rent · you top up ~ 1,351 €/mo
+19% above market
median 2,005 €/m² for comparable properties
359,000 € 2,393 €/m²
Rent covers ~ 139% of the payment
~ 2,217 €/mo rent · pays for itself in ~ 13 yrs
At market level
median 2,005 €/m² for comparable properties
285,000 € 2,159 €/m²
Rent covers ~ 175% of the payment
~ 2,217 €/mo rent · pays for itself in ~ 11 yrs