4-storey house with garage in m-t Manastirski rid, Varna

This house is priced about 236,500 € below the typical price (the median) for houses in Manastirski Rid (69 properties) — 890 €/m² against 1,629 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

House with total built-up area 320 sq m, located in the area of Manastirski rid, Varna city. The property includes a basement floor, two residential floors and an attic floor with two separate entrances.

The layout is varied and allows for occupation by two families, with a garage and parking available. The outdoor area is 840 sq m, flat and fenced with a south aspect.

The building is brick from 1996, with active electricity and water accounts, two wells and a septic tank. It requires renovation and interior updating.

The location offers proximity to forest, fresh air and tranquility, with the main road accessible within about 10 minutes on foot.

The property is suitable for people seeking a spacious home in a natural environment with the possibility to adapt according to their needs.

With 20% down over 20 years the monthly mortgage payment is about 1,264 €, against an expected local rent of 1,719 €. The rent covers the whole payment (136%).

Source: Market statistics for houses in Manastirski Rid