−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
Sale257,500 €3,388 €/m²
Expected rent2,217 € /mo
~105,000 € ABOVE MARKET
overpriced
against the median for houses in Gorna Traka (96 properties)
Area
76 m²
Land Area
602 m²
Construction
Modular Construction
Year
2027
Yield analysis
Strong investment rating
Monthly payment1,142 €20% down payment · 20 yrs · 3%
Expected rent2,217 €at market conditions for the neighbourhood
The rent covers 194% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 10 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 105,000 € above the typical price (the median) for houses in Gorna Traka (96 properties) — 3,388 €/m² against 2,005 €/m².
The property is a prefabricated house at an early stage of construction in the Trakata area, Varna city.
The layout is on one floor with an area of 76 sq m, including a living room with kitchen area, two bedrooms, a bathroom, a technical room, and a corridor.
The construction is modular with planned quick completion and available utilities.
The location is quiet and well-connected, with easy access to main roads and city infrastructure, providing clean air and proximity to nature.
The property is suitable for year-round living or as a holiday home with a balanced combination of convenience and location.
With 20% down over 20 years the monthly mortgage payment is about 1,142 €, against an expected local rent of 2,217 €. The rent covers the whole payment (194%).
Pros and cons
AI summaryPros
- functional layout
- modular construction
- easy access to city
- quiet location
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room 24.80
- bedroom 14.20
- bedroom 13.50
- technical room 2.40
- entrance hall 6.10
Details
- Category
- Residential
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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