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 115% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 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) — 2,004 €/m² against 2,005 €/m².
The house is located in m-t Gorna Traka, Varna city, in a newly built gated complex. It has a total built-up area of 217 sq m and a yard of 354.58 sq m over two floors.
The layout includes a spacious living area with a kitchen corner, veranda, garage, and three bedrooms with adjoining terraces and bathrooms. The internal layout is functional and provides conveniences for family use.
The construction is brick, using quality materials such as REYNAERS aluminum joinery and underfloor heating. A smart home system is planned along with the possibility for a photovoltaic installation.
The location offers tranquility in a gated complex with additional amenities such as a heated pool, playground, and outdoor gym. Parking spaces are provided in front of each house.
The property is suitable for family use in an environment with controlled access and additional amenities for comfortable living.
With 20% down over 20 years the monthly mortgage payment is about 1,930 €, against an expected local rent of 2,217 €. The rent covers the whole payment (115%).
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
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 ~ 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
median 2,005 €/m² for comparable properties
Rent covers ~ 119% of the payment
~ 2,217 €/mo rent · pays for itself in ~ 16 yrs