−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
Sale399,990 €1,777 €/m²
Expected rent2,217 € /mo
~51,000 € BELOW MARKET
good value
against the median for houses in Gorna Traka (96 properties)
Area
225 m²
Land Area
500 m²
Construction
Brick
Year
2027
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 51,000 € below the typical price (the median) for houses in Gorna Traka (96 properties) — 1,777 €/m² against 2,005 €/m².
House with a total floor area of 225 sq m, located in m-t Gorna Traka, Varna city.
The layout includes a huge living room, office, utility room and bathroom on the ground floor, as well as 3 bedrooms, two bathrooms, walk-in closets and terraces with panoramic views of the sea and forest on the second floor.
The building is new-build from 2027, constructed with brick materials and high-quality gas-insulated windows, the facade is finished with stone and other expensive materials. The property has its own large yard and parking spaces.
The location is about 800 meters from Kubcheto, in an area with access to natural zones and tranquility.
Suitable for family living with a focus on comfort and functionality close to nature.
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
- large yard
- quality materials
- parking spaces
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room
- office
- utility room
- bedroom
- bedroom
- bedroom
Amenities
- With Parking
- Renovated
Exposure
AI summarySSouth
Maximum sunlight throughout the day
NNorth
Even light, cooler during summer
Details
- Category
- Residential
- Bathrooms
- 3
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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