−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
Sale549,900 €2,036 €/m²
Expected rent1,121 € /mo
~68,000 € ABOVE MARKET
above market
against the median for houses in Gorna Traka (75 properties)
Area
270 m²
Land Area
500 m²
Construction
Brick
Yield analysis
Low investment rating
Monthly payment2,440 €20% down payment · 20 yrs · 3%
Expected rent1,121 €at market conditions for the neighbourhood
The rent covers 46% of the payment — you top up about 1,319 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 41 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 68,000 € above the typical price (the median) for houses in Gorna Traka (75 properties) — 2,036 €/m² against 1,785 €/m².
House with total built-up area of 270 sq m, located in m-t Gorna Traka, Varna. The property is spread over three floors with a functional division into living area, bedrooms, and panoramic studio with terrace. The interior layout includes a spacious living room with kitchenette and access to the yard and pool, three separate bedrooms each with its own bathroom, and a studio on the top floor. The construction is brick with high-quality materials, excellent insulation, and natural stone facade. The house is built to BDS standards, ready for completion according to the buyer's preferences. The location offers tranquility, fresh air, and quick access to Varna city center and the sea. The property is suitable for those seeking peace and comfort close to nature with amenities such as pool and security.
With 20% down over 20 years the monthly mortgage payment is about 2,440 €, against an expected local rent of 1,121 €. The rent covers 46% of it.
Pros and cons
AI summaryPros
- pool
- parking spaces
- video surveillance
- high-quality materials
Cons
- ready for completion
Layout
- living room
- kitchenette
- bedroom
- bedroom
- bedroom
- studio
Amenities
- With Parking
- Video Surveillance
- Access Control
- Gated Community
Details
- Category
- Residential
- Bathrooms
- 4
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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