median 1,629 €/m² for comparable properties
Rent covers ~ 130% of the payment
~ 1,719 €/mo rent · pays for itself in ~ 14 yrs
~26,000 € ABOVE MARKET
overpriced
against the median for houses in Manastirski Rid (69 properties)
Strong investment rating
The rent covers 517% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 4 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This house is priced about 26,000 € above the typical price (the median) for houses in Manastirski Rid (69 properties) — 2,500 €/m² against 1,629 €/m².
The property is a small house with an area of 30 sq m, located in Manastirski Rid, Varna. The plot is 464 sq m and has easy access from Knyaz Boris I Blvd.
The layout includes two small buildings – a main house and an additional villa of 11 sq m, suitable for year-round use.
The construction is modular, built in 2025, with active electricity and water accounts, as well as internet and access control.
The location runs parallel to the main road to Zlatni Pyasatsi, providing convenient transport access and proximity to nature.
The property is suitable for people looking for a small home with easy access to the city and nature combined with basic amenities.
With 20% down over 20 years the monthly mortgage payment is about 333 €, against an expected local rent of 1,719 €. The rent covers the whole payment (517%).
The asking price has fallen by 5,000 € (6.3%) since it was first listed.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,629 €/m² for comparable properties
Rent covers ~ 130% of the payment
~ 1,719 €/mo rent · pays for itself in ~ 14 yrs
median 1,629 €/m² for comparable properties
Rent covers ~ 204% of the payment
~ 1,719 €/mo rent · pays for itself in ~ 9 yrs
median 1,629 €/m² for comparable properties
Rent covers ~ 143% of the payment
~ 1,719 €/mo rent · pays for itself in ~ 13 yrs
median 1,629 €/m² for comparable properties
Rent covers ~ 86% of the payment
~ 1,719 €/mo rent · you top up ~ 278 €/mo
median 1,629 €/m² for comparable properties
Rent covers ~ 136% of the payment
~ 1,719 €/mo rent · pays for itself in ~ 14 yrs
median 1,629 €/m² for comparable properties
Rent covers ~ 60% of the payment
~ 1,719 €/mo rent · you top up ~ 1,160 €/mo
median 1,629 €/m² for comparable properties
Rent covers ~ 78% of the payment
~ 1,719 €/mo rent · you top up ~ 499 €/mo
median 1,629 €/m² for comparable properties
Rent covers ~ 66% of the payment
~ 1,719 €/mo rent · you top up ~ 903 €/mo