−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
Sale1,100,000 €2,007 €/m²
Expected rent1,688 € /mo
AT MARKET LEVEL
fairly priced
against the median for houses in Gorna Traka (89 properties)
Area
548 m²
Land Area
1,077 m²
Construction
Brick
Yield analysis
Low investment rating
Monthly payment4,880 €20% down payment · 20 yrs · 3%
Expected rent1,688 €at market conditions for the neighbourhood
The rent covers 35% of the payment — you top up about 3,192 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 54 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) — 2,007 €/m² against 2,000 €/m².
House with total built-up area of 548 sq m and yard of 1077 sq m in m-t Gorna Traka, Varna city.
The layout includes three floors with a total of four bedrooms, living room with fireplace, office, and several terraces overlooking the yard.
The construction is brick, the property is finished with quality materials and has all main utilities and heating.
The location is in a prestigious area near Evksinograd, providing tranquility and greenery.
Suitable for a family seeking a spacious home with amenities and leisure opportunities.
With 20% down over 20 years the monthly mortgage payment is about 4,880 €, against an expected local rent of 1,688 €. The rent covers 35% 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 269 days.
Pros and cons
AI summaryPros
- large area
- pool
- two terraces
- garage with heated connection
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- bedroom
- bedroom
- bedroom
- bedroom
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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