Sale

Two-storey house in m-t Krushkite, Varna, in need of renovation

Varnam-t Krushkite

Published: 27 September 2026 Updated: 2 October 2026

Sale48,000 €960 €/m²

Expected rent1,755 € /mo

~48,000 € 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

50 m²

Land Area

600 m²

Construction

Brick

Yield analysis

Strong investment rating

43.9% / yr

Monthly payment213 €20% down payment · 20 yrs · 3%

Expected rent1,755 €at market conditions for the neighbourhood

The rent covers 824% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 2 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 48,000 € below the typical price (the median) for houses in Varna (1,034 properties) — 960 €/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.

House with an area of 50 sq m, located in the Krushkite area, about 15 km from the city of Varna.

The layout includes two floors, allowing separation of living and service areas, but the property requires full renovation.

The construction is brick, with electricity and water available through an Energo account and a hydrophore system; there is a septic tank and two water reservoirs.

The location offers tranquility and proximity to nature, with a maintained road and a bus stop about 500 meters away.

The property is suitable for those seeking an opportunity for personal renovation in a quieter environment outside the city.

With 20% down over 20 years the monthly mortgage payment is about 213 €, against an expected local rent of 1,755 €. The rent covers the whole payment (824%).

Source: Market statistics for houses in Varna