Sale

House in Varna, Manastirski Rid

VarnaManastirski Rid
Published: 1 March 2026 Updated: 8 August 2026
Sale125,000 €714 €/m²
Expected rent1,799 € /mo

~155,000 € BELOW MARKET

far below market

against the median for houses in Manastirski Rid (71 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
175 m²
Land Area
800 m²
Construction
Brick

Yield analysis

Strong investment rating

17.3% / yr
Monthly payment555 €20% down payment · 20 yrs · 3%
Expected rent1,799 €at market conditions for the neighbourhood

The rent covers 324% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 6 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▼ 19.4% · 30,000 €
  1. 155,000 €6 June 2026Initial price
  2. 125,000 €▼ 30,000 € (19.4%) 8 August 2026Price reducedCurrent

Property analysis

This house is priced about 155,000 € below the typical price (the median) for houses in Manastirski Rid (71 properties) — 714 €/m² against 1,600 €/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 555 €, against an expected local rent of 1,799 €. The rent covers the whole payment (324%).

The asking price has fallen by 30,000 € (19.4%) since it was first listed.

Source: Market statistics for houses in Manastirski Rid

Details

Category
Residential

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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