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
Sale349,900 €1,210 €/m²
Expected rent1,799 € /mo
~112,500 € BELOW MARKET
good value
against the median for houses in Manastirski Rid (71 properties)
Area
289 m²
Land Area
600 m²
Construction
Brick
Yield analysis
Good investment rating
Monthly payment1,552 €20% down payment · 20 yrs · 3%
Expected rent1,799 €at market conditions for the neighbourhood
The rent covers 116% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 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 112,500 € below the typical price (the median) for houses in Manastirski Rid (71 properties) — 1,210 €/m² against 1,600 €/m².
House with an area of 289 sq m, located in m-t Manastirski rid, Varna city.
The layout includes 4 bedrooms, 2 bathrooms, a spacious living room with kitchen area and pantry, as well as additional rooms on the ground, second and third floors. The property has two entrances, making it suitable for a large family or two families.
The construction is brick, and the house is maintained and ready to move in. There are terraces with south aspect and a maintained terraced garden with fruit trees and two verandas with fireplaces.
The location offers easy access to the main road and is about 8 minutes from Varna city centre, close to natural areas.
The property is suitable for those seeking a spacious home close to nature with amenities for family living.
With 20% down over 20 years the monthly mortgage payment is about 1,552 €, against an expected local rent of 1,799 €. The rent covers the whole payment (116%).
Pros and cons
AI summaryPros
- functional layout
- terraced garden
- two entrances
- south aspect
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- bedroom
- bedroom
- bedroom
- bedroom
- living room
Amenities
- Access Control
Exposure
AI summarySSouth
Maximum sunlight throughout the day
Details
- Category
- Residential
- Bathrooms
- 2
- 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 ~ 308% of the payment
~ 1,764 €/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
+28% above market
median 1,600 €/m² for comparable properties
520,000 € 2,055 €/m²
Rent covers ~ 78% of the payment
~ 1,799 €/mo rent · you top up ~ 508 €/mo