−51% below market
median 1,923 €/m² for comparable properties
79,000 € 940 €/m²
Rent covers ~ 498% of the payment
~ 1,746 €/mo rent · pays for itself in ~ 4 yrs
Sale79,000 €929 €/m²
Expected rent1,746 € /mo
~84,500 € BELOW MARKET
far below market
against the median for houses in Varna (1,034 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Area
85 m²
Land Area
600 m²
Construction
Modular Construction
Yield analysis
Strong investment rating
Monthly payment351 €20% down payment · 20 yrs · 3%
Expected rent1,746 €at market conditions for the neighbourhood
The rent covers 498% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 4 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 84,500 € below the typical price (the median) for houses in Varna (1,034 properties) — 929 €/m² against 1,923 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
With 20% down over 20 years the monthly mortgage payment is about 351 €, against an expected local rent of 1,746 €. The rent covers the whole payment (498%).
Details
- Category
- Residential
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.