At market level
median 1,600 €/m² for comparable properties
165,000 € 1,500 €/m²
Rent covers ~ 246% of the payment
~ 1,799 €/mo rent · pays for itself in ~ 8 yrs
Sale190,000 €1,727 €/m²
Expected rent1,799 € /mo
AT MARKET LEVEL
fairly priced
against the median for houses in Manastirski Rid (71 properties)
Area
110 m²
Land Area
850 m²
Construction
Brick
Yield analysis
Strong investment rating
Monthly payment843 €20% down payment · 20 yrs · 3%
Expected rent1,799 €at market conditions for the neighbourhood
The rent covers 213% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 9 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▼ 2.6% · 5,000 €
- 195,000 €
- 190,000 €▼ 5,000 € (2.6%)
Property analysis
This house is priced at the typical price (the median) for houses in Manastirski Rid (71 properties) — 1,727 €/m² against 1,600 €/m².
House with three floors, located in the quiet area of Manastirski Rid in the city of Varna.
The property offers a practical layout with spacious and bright rooms on each floor, all opening onto terraces with sea views.
The construction is brick, and the yard is flat and sunny with an area of 800 sq m, suitable for landscaping or additional outdoor zones.
The area has year-round access and good infrastructure, combining tranquility and proximity to the city.
The property is suitable both for year-round living and as a holiday home, providing comfort and space in a natural environment.
With 20% down over 20 years the monthly mortgage payment is about 843 €, against an expected local rent of 1,799 €. The rent covers the whole payment (213%).
The asking price has fallen by 5,000 € (2.6%) since it was first listed.
Pros and cons
AI summaryPros
- panoramic sea view
- spacious yard
- functional layout
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Details
- Category
- Residential
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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