Sale

House in Varna, Manastirski Rid

VarnaManastirski Rid
Published: 6 January 2026 Updated: 9 September 2026
Sale450,000 €2,250 €/m²
Expected rent1,121 € /mo

~93,000 € ABOVE MARKET

overpriced

against the median for houses in Manastirski Rid (76 properties)

Area
200 m²
Land Area
865 m²
Construction
Brick
Year
2016

Yield analysis

Low investment rating

3% / yr
Monthly payment1,997 €20% down payment · 20 yrs · 3%
Expected rent1,121 €at market conditions for the neighbourhood

The rent covers 56% of the payment — you top up about 876 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 33 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 €2 April 2026Initial price
  2. 500,000 €▼ 30,000 € (5.7%) 3 August 2026Price reduced
  3. 450,000 €▼ 50,000 € (10%) 24 September 2026Price reduced
  4. 450,000 €▲ 0 € (0%) 24 September 2026Price increasedCurrent

Property analysis

This house is priced about 93,000 € above the typical price (the median) for houses in Manastirski Rid (76 properties) — 2,250 €/m² against 1,785 €/m².

With 20% down over 20 years the monthly mortgage payment is about 1,997 €, against an expected local rent of 1,121 €. The rent covers 56% of it.

This property is advertised in 3 offers from 2 different sellers. The gap between the cheapest and the dearest is 135,000 €. It has been listed for 269 days. 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
  • Video Surveillance
  • Access Control
  • Renovated
  • Internet Connection

Details

Category
Residential
Bathrooms
3
Furnishing
Yes

Approximate location

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

Similar properties nearby