−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
Sale685,000 €2,008 €/m²
Expected rent1,688 € /mo
AT MARKET LEVEL
fairly priced
against the median for houses in Gorna Traka (89 properties)
Area
341 m²
Land Area
558 m²
Construction
Brick
Year
2025
Yield analysis
Low investment rating
Monthly payment3,039 €20% down payment · 20 yrs · 3%
Expected rent1,688 €at market conditions for the neighbourhood
The rent covers 56% of the payment — you top up about 1,351 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 34 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 (89 properties) — 2,008 €/m² against 2,000 €/m².
House in m-t Gorna Traka, Varna city, part of a gated complex with controlled access and parking spaces.
The layout includes three floors with living rooms, kitchenettes, three bedrooms, two bathrooms and two terraces, providing functional use of the space.
The construction is brick from 2025, completed according to BDS standards and prepared for a photovoltaic system, ensuring modern materials and technologies.
The complex offers an outdoor pool, children's and sports playgrounds, with the location close to the resort complex Sv. Konstantin i Elena.
The property is suitable for family living with a focus on comfort and security in a gated environment.
With 20% down over 20 years the monthly mortgage payment is about 3,039 €, against an expected local rent of 1,688 €. The rent covers 56% of it.
This property is advertised in 2 offers from 2 different sellers. All offers are at the same price. It has been listed for 271 days.
Pros and cons
AI summaryPros
- functional layout
- southeast aspect
- garage and parking spaces
- gated complex
Cons
- needs finishing works
Layout
- living room
- kitchenette
- bedroom
- bedroom
- bedroom
- toilet
- toilet
- bathroom
- toilet
Amenities
- With Parking
- Access Control
- Gated Community
Details
- Category
- Residential
- Bathrooms
- 3
Location
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