−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
Sale400,000 €2,352 €/m²
Expected rent2,217 € /mo
~59,000 € ABOVE MARKET
above market
against the median for houses in Gorna Traka (96 properties)
Area
170 m²
Land Area
670 m²
Construction
Brick
Yield analysis
Good investment rating
Monthly payment1,775 €20% down payment · 20 yrs · 3%
Expected rent2,217 €at market conditions for the neighbourhood
The rent covers 125% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 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 about 59,000 € above the typical price (the median) for houses in Gorna Traka (96 properties) — 2,352 €/m² against 2,005 €/m².
House with a total floor area of 170 sq m, located in m-t Gorna Traka, Varna city.
The layout includes two residential parts with separate entrances and a shared summer terrace, suitable for two families. The main part contains a living area with a fireplace, two bedrooms, a storage room, and a bathroom, while the second entrance leads to a living area, bedroom, corridor, and bathroom.
The construction is brick with quality materials; the garden is landscaped with an area of 670 sq m and includes a swimming pool, barbecue area, garage, and parking spaces for four cars.
The property is situated in a quiet area close to nature with a sea view, providing peace and privacy.
It is suitable for families seeking space and functionality near nature with parking and leisure amenities.
With 20% down over 20 years the monthly mortgage payment is about 1,775 €, against an expected local rent of 2,217 €. The rent covers the whole payment (125%).
Pros and cons
AI summaryPros
- functional layout
- sea view
- garage and parking spaces
- swimming pool and barbecue area
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Amenities
- With Parking
Details
- Category
- Residential
- Bathrooms
- 2
- Furnishing
- Yes
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