median 2,005 €/m² for comparable properties
Rent covers ~ 125% of the payment
~ 2,217 €/mo rent · pays for itself in ~ 15 yrs
~678,000 € BELOW MARKET
far below market
against the median for houses in Gorna Traka (96 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Fair investment rating
The rent covers 93% of the payment — you top up about 157 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 20 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This house is priced about 678,000 € below the typical price (the median) for houses in Gorna Traka (96 properties) — 885 €/m² against 2,005 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
House in m-t Gorna Traka, Varna city with a total area of 605 sq m.
The layout includes a basement with 3 cellar rooms, ground floor with living room, kitchen, wardrobe and veranda, as well as two floors with a total of 9 bedrooms, studies and terraces.**
The construction is brick from 2012, the property is in very good condition with potential for customization, featuring large windows and natural light.
The location offers a quiet street, greenery, proximity to the Sea Garden and Varna city centre, as well as convenient access to public transport and services.
Suitable for a large family or combined home and office, the property combines comfort and functionality in a peaceful environment.
With 20% down over 20 years the monthly mortgage payment is about 2,374 €, against an expected local rent of 2,217 €. The rent covers 93% of it.
This property is advertised in 2 offers from 2 different sellers. The gap between the cheapest and the dearest is 5,000 €. It has been listed for 271 days.
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Maximum sunlight throughout the day
Even light, cooler during summer
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 2,005 €/m² for comparable properties
Rent covers ~ 125% of the payment
~ 2,217 €/mo rent · pays for itself in ~ 15 yrs
median 2,005 €/m² for comparable properties
Rent covers ~ 77% of the payment
~ 2,217 €/mo rent · you top up ~ 667 €/mo
median 2,005 €/m² for comparable properties
Rent covers ~ 93% of the payment
~ 2,217 €/mo rent · you top up ~ 170 €/mo
median 2,005 €/m² for comparable properties
Rent covers ~ 115% of the payment
~ 2,217 €/mo rent · pays for itself in ~ 16 yrs
median 2,005 €/m² for comparable properties
Rent covers ~ 154% of the payment
~ 2,217 €/mo rent · pays for itself in ~ 12 yrs
median 2,000 €/m² for comparable properties
Rent covers ~ 56% of the payment
~ 1,688 €/mo rent · you top up ~ 1,351 €/mo
median 2,005 €/m² for comparable properties
Rent covers ~ 139% of the payment
~ 2,217 €/mo rent · pays for itself in ~ 13 yrs
median 2,005 €/m² for comparable properties
Rent covers ~ 175% of the payment
~ 2,217 €/mo rent · pays for itself in ~ 11 yrs