Sale−61% below market

House in Varna, Manastirski Rid

VarnaManastirski Rid
Published: 2 August 2026 Updated: 8 September 2026
Sale240,000 €923 €/m²
Expected rent1,799 € /mo
Area
260 m²
Land Area
300 m²
Floor
0 / 0
Construction
Brick

Yield analysis

Strong investment rating

9% / yr
Monthly payment1,065 €20% down payment · 20 yrs · 3%
Expected rent1,799 €at market conditions for the neighbourhood

The rent covers 169% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 11 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 61% below the typical price (the median) for comparable properties — 631 €/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 1,065 €, against an expected local rent of 1,799 €. The rent covers the whole payment (169%).

Source: Market statistics for houses in Manastirski Rid

Amenities

  • With Parking

Exposure

AI summary
SSouth

Maximum sunlight throughout the day

Details

Category
Residential
Bathrooms
2

Approximate location

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

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