−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
Sale359,000 €2,393 €/m²
Expected rent2,217 € /mo
~58,500 € ABOVE MARKET
above market
against the median for houses in Gorna Traka (96 properties)
Area
150 m²
Land Area
320 m²
Construction
Brick
Year
2026
Yield analysis
Good investment rating
Monthly payment1,593 €20% down payment · 20 yrs · 3%
Expected rent2,217 €at market conditions for the neighbourhood
The rent covers 139% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 13 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
6 changes since listing▼ 7.9% · 31,000 €
- 390,000 €
- 390,000 €▲ 0 € (0%)
- 384,000 €▼ 6,000 € (1.5%)
- 384,000 €▲ 0 € (0%)
- 359,000 €▼ 25,000 € (6.5%)
- 359,000 €▲ 0 € (0%)
- 359,000 €▲ 0 € (0%)
Property analysis
This house is priced about 58,500 € above the typical price (the median) for houses in Gorna Traka (96 properties) — 2,393 €/m² against 2,005 €/m².
The house is located in m-t Gorna Traka, Varna city, in a gated and quiet area.
The layout includes a living area with access to the yard, WC and storage room on the ground floor, as well as three bedrooms with access to a terrace and a bathroom with toilet on the second floor.
The construction is brick, new, with quality materials and finished turnkey. There are utility connections for water, electricity, and sewage.
The location offers convenient access to the Varna-Vinitsa road, bus stops, and a supermarket nearby. The plot is flat with an area of 320 sq m and includes two parking spaces.
The property is suitable for family use with a balanced combination of functionality and comfort close to urban infrastructure.
With 20% down over 20 years the monthly mortgage payment is about 1,593 €, against an expected local rent of 2,217 €. The rent covers the whole payment (139%).
This property is advertised in 3 offers. All offers are at the same price. It has been listed for 266 days. The asking price has fallen by 31,000 € (7.9%) since it was first listed.
Pros and cons
AI summaryPros
- functional layout
- two parking spaces
- quality materials
- flat plot
Cons
- gravel road
Layout
- living area
- bedroom
- bedroom
- bedroom
- WC
- bathroom
Amenities
- With Parking
Exposure
AI summarySSouth
Maximum sunlight throughout the day
NNorth
Even light, cooler during summer
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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