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
Sale520,000 €2,055 €/m²
Expected rent1,799 € /mo
~115,000 € ABOVE MARKET
overpriced
against the median for houses in Manastirski Rid (71 properties)
Area
253 m²
Land Area
523 m²
Construction
Brick
Yield analysis
Fair investment rating
Monthly payment2,307 €20% down payment · 20 yrs · 3%
Expected rent1,799 €at market conditions for the neighbourhood
The rent covers 78% of the payment — you top up about 508 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 24 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Property analysis
This house is priced about 115,000 € above the typical price (the median) for houses in Manastirski Rid (71 properties) — 2,055 €/m² against 1,600 €/m².
The house is located in m-t Manastirski rid, Varna city, near a forest.
The layout includes three floors with a spacious living room with kitchen and fireplace, gym, sauna, two terraces with sea and garden views, as well as a garage with heated access.
The construction is solid with brick walls, heating and cooling via an air conditioning system, and the house has two fireplaces and is furnished.
The location offers tranquility and greenery, with the property having its own yard of 523 sq m and access to a shared plot of over 3000 sq m, including an outdoor pool.
The property is suitable for people seeking a spacious home close to nature with amenities for year-round use.
With 20% down over 20 years the monthly mortgage payment is about 2,307 €, against an expected local rent of 1,799 €. The rent covers 78% of it.
Pros and cons
AI summaryPros
- functional layout
- two terraces with view
- private yard
- garage with heated access
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room with kitchen /40 sq m/
- gym /40 sq m/
- sauna
- bathroom with toilet
- veranda
- garage
- living room with kitchen
- panoramic terrace
- laundry room
- toilet
- two bedrooms
- terrace
- bathroom
- toilet
- master bedroom
- bathroom with hydromassage tub
- shower cabin
Amenities
- With Parking
- Access Control
Details
- Category
- Residential
- Bathrooms
- 4
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
−17% below market
median 1,600 €/m² for comparable properties
179,998 € 1,384 €/m²
Rent covers ~ 225% of the payment
~ 1,799 €/mo rent · pays for itself in ~ 8 yrs
+24% above market
median 1,158 €/m² for comparable properties
129,000 € 1,433 €/m²
Rent covers ~ 307% of the payment
~ 1,755 €/mo rent · pays for itself in ~ 6 yrs
+68% above market
median 1,600 €/m² for comparable properties
512,000 € 2,694 €/m²
Rent covers ~ 79% of the payment
~ 1,799 €/mo rent · you top up ~ 473 €/mo
+32% above market
median 1,600 €/m² for comparable properties
190,000 € 2,111 €/m²
Rent covers ~ 213% of the payment
~ 1,799 €/mo rent · pays for itself in ~ 9 yrs
−17% below market
median 1,600 €/m² for comparable properties
179,999 € 1,333 €/m²
Rent covers ~ 225% of the payment
~ 1,799 €/mo rent · pays for itself in ~ 8 yrs
At market level
median 1,600 €/m² for comparable properties
271,920 € 1,553 €/m²
Rent covers ~ 149% of the payment
~ 1,799 €/mo rent · pays for itself in ~ 13 yrs
+22% above market
median 1,600 €/m² for comparable properties
370,000 € 1,947 €/m²
Rent covers ~ 110% of the payment
~ 1,799 €/mo rent · pays for itself in ~ 17 yrs