−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.
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.
The house is located in m-t Gorna Traka, Varna city and offers an area of 132 sq m.
The layout includes two levels with a living area of 36 sq m, three bedrooms, a walk-in closet, two bathrooms with toilets and a balcony, as well as access to a private yard.
The construction is brick, with expected completion according to BDS standards in 2027, with the option for turnkey finishing. The property includes two parking spaces and provides access control and security.
The location is quiet and green, with convenient access to the city and the sea, suitable for people seeking tranquility close to nature.
The property is suitable for family use, combining comfort and functionality in a quieter area.
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%).
Pros and cons
AI summaryPros
- functional layout
- private yard
- parking spaces
- access control
Cons
- upcoming completion
Layout
- living room 36 sq m
- bedroom
- bedroom
- bedroom
Amenities
- With Parking
- Access Control
- Security
- Renovated
Details
- Category
- Residential
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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