−19% below market
median 1,644 €/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
Sale649,000 €2,377 €/m²
Expected rent1,799 € /mo
~200,000 € ABOVE MARKET
overpriced
against the median for houses in Manastirski Rid (72 properties)
Area
273 m²
Land Area
516 m²
Construction
Brick
Yield analysis
Low investment rating
Monthly payment2,879 €20% down payment · 20 yrs · 3%
Expected rent1,799 €at market conditions for the neighbourhood
The rent covers 62% of the payment — you top up about 1,080 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 30 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 200,000 € above the typical price (the median) for houses in Manastirski Rid (72 properties) — 2,377 €/m² against 1,644 €/m².
House with a total floor area of 273 sq m in the Manastirski Rid area, Varna city.
The layout includes on the first floor a living area with kitchen, bedroom, bathroom and veranda, and on the second floor - master bedroom with walk-in closet, second bedroom, sauna, bathroom and laundry room.
The construction is brick with Act 16 issued in 2023, using high-quality materials and modern solutions. The property has a double garage and two parking spaces in front of it.
The location is quiet and green with easy access to the city centre of Varna, offering panoramic views without obstruction.
Suitable for families seeking a spacious home close to nature with conveniences and functional layout.
With 20% down over 20 years the monthly mortgage payment is about 2,879 €, against an expected local rent of 1,799 €. The rent covers 62% of it.
Pros and cons
AI summaryPros
- functional layout
- double garage
- panoramic view
- high-quality materials
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Amenities
- With Parking
Exposure
AI summarySSouth
Maximum sunlight throughout the day
EEast
Morning sun, cooler afternoons
WWest
Afternoon and evening sun
Details
- Category
- Residential
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
−19% below market
median 1,644 €/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
+18% above market
median 1,644 €/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
−39% below market
median 1,644 €/m² for comparable properties
69,900 € 998 €/m²
Rent covers ~ 580% of the payment
~ 1,799 €/mo rent · pays for itself in ~ 3 yrs
+18% above market
median 1,644 €/m² for comparable properties
116,000 € 1,933 €/m²
Rent covers ~ 350% of the payment
~ 1,799 €/mo rent · pays for itself in ~ 5 yrs
+37% above market
median 1,644 €/m² for comparable properties
450,000 € 2,250 €/m²
Rent covers ~ 90% of the payment
~ 1,799 €/mo rent · you top up ~ 198 €/mo
At market level
median 1,644 €/m² for comparable properties
543,840 € 1,545 €/m²
Rent covers ~ 75% of the payment
~ 1,799 €/mo rent · you top up ~ 614 €/mo
At market level
median 1,644 €/m² for comparable properties
271,920 € 1,545 €/m²
Rent covers ~ 149% of the payment
~ 1,799 €/mo rent · pays for itself in ~ 13 yrs