−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
Sale557,000 €2,785 €/m²
Expected rent2,217 € /mo
~156,000 € ABOVE MARKET
overpriced
against the median for houses in Gorna Traka (96 properties)
Area
200 m²
Land Area
500 m²
Construction
Brick
Year
2026
Yield analysis
Fair investment rating
Monthly payment2,471 €20% down payment · 20 yrs · 3%
Expected rent2,217 €at market conditions for the neighbourhood
The rent covers 90% of the payment — you top up about 254 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 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 156,000 € above the typical price (the median) for houses in Gorna Traka (96 properties) — 2,785 €/m² against 2,005 €/m².
House in a complex of seven detached properties in m-t Gorna Traka, Varna city.
The layout includes spacious living rooms of about 60 sq m with direct access to the pool and private yard. Some houses are two-storey, others three-storey with an available elevator.
The construction is brick, planned for 2026, with high-quality materials and modern finishing solutions. Each house has a garage and parking spaces.
The location is in a prestigious area with good infrastructure, close to the centre of Varna and main road arteries, as well as to the resorts Sv. sv. Konstantin i Elena and Zlatni Pyasatsi.
The property is suitable for family living, providing comfort and tranquility in a green environment with convenient access to urban infrastructure.
With 20% down over 20 years the monthly mortgage payment is about 2,471 €, against an expected local rent of 2,217 €. The rent covers 90% of it.
Pros and cons
AI summaryPros
- private yard
- pool
- elevator
- garage / parking space
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room = 60 sq m
Amenities
- Elevator
- With Parking
- Leasing
- Access Control
Details
- Category
- Residential
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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