−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
Sale550,000 €1,964 €/m²
Expected rent2,217 € /mo
AT MARKET LEVEL
fairly priced
against the median for houses in Gorna Traka (96 properties)
Area
280 m²
Land Area
500 m²
Construction
Brick
Year
2025
Yield analysis
Fair investment rating
Monthly payment2,440 €20% down payment · 20 yrs · 3%
Expected rent2,217 €at market conditions for the neighbourhood
The rent covers 91% of the payment — you top up about 223 €/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 at the typical price (the median) for houses in Gorna Traka (96 properties) — 1,964 €/m² against 2,005 €/m².
House with an area of 280 sq m, located in m-t Gorna Traka, Varna city. The property is new-build from 2025 and is part of a gated complex with parking spaces.
The layout includes three floors: the first with a living room, kitchen and dining area; the second with three bedrooms each with en-suite bathrooms and walk-in closets; and the third with a multifunctional room and bathroom. All bedrooms have access to a panoramic terrace.
The construction is brick with external thermal insulation, underfloor heating and large French windows for maximum light. The property is offered in shell condition with the option for buyer's choice of finishing.
The location is quiet and prestigious, about 1 km from the resort Sv. Sv. Konstantin i Elena, with easy access to Varna city centre and the sea.
Suitable for families seeking a spacious home close to nature with amenities and customization options.
With 20% down over 20 years the monthly mortgage payment is about 2,440 €, against an expected local rent of 2,217 €. The rent covers 91% of it.
Pros and cons
AI summaryPros
- south aspect
- parking spaces
- pool
- new-build
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room with kitchen and dining 60 sq m
- bedroom
- bedroom
- bedroom
- multifunctional room 31 sq m
Amenities
- With Parking
- Renovated
- Gated Community
Exposure
AI summarySSouth
Maximum sunlight throughout the day
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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