−50% below market
median 1,923 €/m² for comparable properties
48,000 € 960 €/m²
Rent covers ~ 820% of the payment
~ 1,746 €/mo rent · pays for itself in ~ 2 yrs
Sale45,000 €750 €/m²
Expected rent1,746 € /mo
~70,500 € 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
60 m²
Land Area
650 m²
Floor
0 / 0
Construction
Brick
Yield analysis
Strong investment rating
Monthly payment200 €20% down payment · 20 yrs · 3%
Expected rent1,746 €at market conditions for the neighbourhood
The rent covers 875% 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.
Price history
1 change since listing▼ 4.3% · 2,000 €
- 47,000 €
- 45,000 €▼ 2,000 € (4.3%)
Property analysis
This house is priced about 70,500 € below the typical price (the median) for houses in Varna (1,034 properties) — 750 €/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 200 €, against an expected local rent of 1,746 €. The rent covers the whole payment (875%).
This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 302 days. The asking price has fallen by 2,000 € (4.3%) since it was first listed.
Amenities
- With Parking
Details
- Category
- Residential
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
−35% below market
median 1,923 €/m² for comparable properties
44,000 € 1,257 €/m²
Rent covers ~ 894% of the payment
~ 1,746 €/mo rent · pays for itself in ~ 2 yrs