Sale

House in Varna, Manastirski Rid

VarnaManastirski Rid
Published: 4 February 2026 Updated: 8 September 2026
Sale590,000 €983 €/m²
Expected rent1,799 € /mo

~370,000 € BELOW MARKET

good value

against the median for houses in Manastirski Rid (71 properties)

Area
600 m²
Land Area
1,400 m²
Floor
1 / 3
Construction
Brick
Year
2008

Yield analysis

Low investment rating

3.7% / yr
Monthly payment2,618 €20% down payment · 20 yrs · 3%
Expected rent1,799 €at market conditions for the neighbourhood

The rent covers 69% of the payment — you top up about 819 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 27 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

2 changes since listing▲ 18.2% · 90,900 €
  1. 500,000 €5 March 2026Initial price
  2. 600,000 €▲ 100,000 € (20%) 4 April 2026Price increased
  3. 590,900 €▼ 9,100 € (1.5%) 2 July 2026Price reducedCurrent

Property analysis

This house is priced about 370,000 € below the typical price (the median) for houses in Manastirski Rid (71 properties) — 983 €/m² against 1,600 €/m².

With 20% down over 20 years the monthly mortgage payment is about 2,618 €, against an expected local rent of 1,799 €. The rent covers 69% of it.

The asking price has risen by 90,900 € (18.2%) since it was first listed.

Source: Market statistics for houses in Manastirski Rid

Amenities

  • With Parking
  • Gated Community
  • Internet Connection
  • Active Business
  • Video Surveillance
  • Access Control
  • Renovated

Exposure

AI summary
NNorth

Even light, cooler during summer

Details

Category
Residential
Bathrooms
6
Furnishing
Yes

Approximate location

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

Similar properties nearby