median 2,005 €/m² for comparable properties
Rent covers ~ 125% of the payment
~ 2,217 €/mo rent · pays for itself in ~ 15 yrs
AT MARKET LEVEL
fairly priced
against the median for houses in Gorna Traka (96 properties)
Good investment rating
The rent covers 144% 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.
This house is priced at the typical price (the median) for houses in Gorna Traka (96 properties) — 2,000 €/m² against 2,005 €/m².
The house is located in the city of Varna, in the Gorna Traka area, within a boutique complex of 4 two-storey houses with a fenced yard. The property has a total built-up area of 173 sq m and a private yard of 290 sq m.
The layout includes a living room with kitchenette, pantry, laundry room, and veranda on the first floor, as well as three bedrooms, two bathrooms, a balcony, and a roof terrace on the second floor. There is potential for an additional kitchenette on the roof.
The building is in shell construction (Act 14), built from bricks with all necessary communications planned and the possibility for turnkey completion. The plot is fenced and provides parking spaces for 2-3 cars.
The location offers easy access to Varna city centre, the resort of Sv. Sv. Konstantin and Elena, and the beaches, while being situated in a quieter and greener area.
The property is suitable for family living with an emphasis on comfort and privacy close to nature.
With 20% down over 20 years the monthly mortgage payment is about 1,535 €, against an expected local rent of 2,217 €. The rent covers the whole payment (144%).
The asking price has risen by 1,000 € (0.3%) since it was first listed.
Maximum sunlight throughout the day
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 2,005 €/m² for comparable properties
Rent covers ~ 125% of the payment
~ 2,217 €/mo rent · pays for itself in ~ 15 yrs
median 2,005 €/m² for comparable properties
Rent covers ~ 77% of the payment
~ 2,217 €/mo rent · you top up ~ 667 €/mo
median 2,005 €/m² for comparable properties
Rent covers ~ 93% of the payment
~ 2,217 €/mo rent · you top up ~ 170 €/mo
median 2,005 €/m² for comparable properties
Rent covers ~ 115% of the payment
~ 2,217 €/mo rent · pays for itself in ~ 16 yrs
median 2,005 €/m² for comparable properties
Rent covers ~ 154% of the payment
~ 2,217 €/mo rent · pays for itself in ~ 12 yrs
median 2,000 €/m² for comparable properties
Rent covers ~ 56% of the payment
~ 1,688 €/mo rent · you top up ~ 1,351 €/mo
median 2,005 €/m² for comparable properties
Rent covers ~ 139% of the payment
~ 2,217 €/mo rent · pays for itself in ~ 13 yrs
median 2,005 €/m² for comparable properties
Rent covers ~ 175% of the payment
~ 2,217 €/mo rent · pays for itself in ~ 11 yrs