Sale+26% above market

House in Varna, Manastirski Rid

VarnaManastirski Rid
Published: 2 January 2026 Updated: 9 September 2026
Sale450,000 €2,250 €/m²
Expected rent1,799 € /mo
Area
200 m²
Land Area
865 m²
Construction
Brick
Year
2016

Yield analysis

Fair investment rating

4.8% / yr
Monthly payment1,997 €20% down payment · 20 yrs · 3%
Expected rent1,799 €at market conditions for the neighbourhood

The rent covers 90% of the payment — you top up about 198 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

3 changes since listing▼ 15.1% · 80,000 €
  1. 530,000 €1 April 2026Initial price
  2. 499,900 €▼ 30,100 € (5.7%) 3 May 2026Price reduced
  3. 490,000 €▼ 9,900 € (2%) 1 June 2026Price reduced
  4. 450,000 €▼ 40,000 € (8.2%) 9 September 2026Price reducedCurrent

Property analysis

This house is priced 26% above the typical price (the median) for comparable properties — 2,008 €/m² against 1,600 €/m².

With 20% down over 20 years the monthly mortgage payment is about 1,997 €, against an expected local rent of 1,799 €. The rent covers 90% of it.

The asking price has fallen by 80,000 € (15.1%) since it was first listed.

Source: Market statistics for houses in Manastirski Rid

Amenities

  • With Parking
  • Internet Connection
  • Video Surveillance
  • Access Control
  • Renovated

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

NNorth

Even light, cooler during summer

Details

Category
Residential
Bathrooms
3
Furnishing
Yes

Approximate location

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

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