−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
Sale465,000 €2,021 €/m²
Expected rent2,217 € /mo
AT MARKET LEVEL
fairly priced
against the median for houses in Gorna Traka (96 properties)
Area
230 m²
Land Area
600 m²
Construction
Brick
Year
2026
Yield analysis
Fair investment rating
Monthly payment2,063 €20% down payment · 20 yrs · 3%
Expected rent2,217 €at market conditions for the neighbourhood
The rent covers 107% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 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 at the typical price (the median) for houses in Gorna Traka (96 properties) — 2,021 €/m² against 2,005 €/m².
House with three floors in m-t Gorna Traka, Varna city, with sea view. The property was built in 2026 with brick construction and has a yard of 520 sq m. The layout includes a living area with kitchenette and veranda on the first floor, a bedroom with bathroom and storage on the second, as well as a summer kitchen and roof terrace on the third floor. The basement contains a utility room. The house is finished to Act 14 level with installed underfloor heating, plumbing and electrical installations, as well as a video surveillance system and security alarm. The location offers an unobstructed 180-degree sea panorama, with the plot being the highest in the area and not allowing taller buildings around it. There are two prepared parking spaces in the yard, and the free space allows for additional amenities such as a pool or garden. The property is suitable for people seeking tranquility close to nature with good functionality and spaciousness.
With 20% down over 20 years the monthly mortgage payment is about 2,063 €, against an expected local rent of 2,217 €. The rent covers the whole payment (107%).
Pros and cons
AI summaryPros
- unobstructed sea view
- large yard
- underfloor heating
- parking spaces
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living area with kitchenette 55 sq m
- bathroom with toilet 5 sq m
- bedroom 16 sq m
- bathroom with toilet 5 sq m
- common bathroom and toilet 5 sq m
- summer/winter kitchen 9 sq m
- utility room 20 sq m
Amenities
- With Parking
- Access Control
- Security
- Renovated
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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