median 1,923 €/m² for comparable properties
Rent covers ~ 292% of the payment
~ 1,746 €/mo rent · pays for itself in ~ 6 yrs
~52,500 € ABOVE MARKET
overpriced
against the median for houses in Varna (1,034 properties)
Strong investment rating
The rent covers 161% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 12 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 52,500 € above the typical price (the median) for houses in Varna (1,034 properties) — 2,450 €/m² against 1,923 €/m².
Villa with an area of 100 sq m, located in m-t Lazur, Varna city, on the main road to Konstantinovo village. The property includes a yard of 912 sq m and an outbuilding of 50 sq m.
The layout is on two floors: ground floor with corridor, utility room and large kitchen; second floor with corridor, bedroom, living room, small kitchen and bathroom with toilet.
The construction is brick from 1990, equipped with district heating, solar water heater and video surveillance.
The location offers views of Varna Lake and the city, with no immediate neighbours in the area.
The property is suitable for people seeking tranquility and proximity to nature with amenities for year-round use.
With 20% down over 20 years the monthly mortgage payment is about 1,087 €, against an expected local rent of 1,746 €. The rent covers the whole payment (161%).
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Even light, cooler during summer
median 1,923 €/m² for comparable properties
Rent covers ~ 292% of the payment
~ 1,746 €/mo rent · pays for itself in ~ 6 yrs