−28% below market
median 1,967 €/m² for comparable properties
169,990 € 1,416 €/m²
Rent covers ~ 234% of the payment
~ 1,764 €/mo rent · pays for itself in ~ 8 yrs
Sale207,000 €2,070 €/m²
Expected rent1,764 € /mo
AT MARKET LEVEL
fairly priced
against the median for houses in Mentesheto (8 properties)
Area
100 m²
Land Area
50 m²
Floor
2 / 2
Construction
Brick
Year
2028
Yield analysis
Strong investment rating
Monthly payment918 €20% down payment · 20 yrs · 3%
Expected rent1,764 €at market conditions for the neighbourhood
The rent covers 192% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 10 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 at the typical price (the median) for houses in Mentesheto (8 properties) — 2,070 €/m² against 1,967 €/m².
The property is a new two-storey single-family house in a gated complex in the Mentesheto area, Varna city.
The layout includes on the first floor a living area with kitchen and dining space, a bathroom, and access to a veranda and private yard, while the second floor contains two bedrooms and a bathroom with toilet.
The construction is brick, with the house delivered to BDS standards, allowing finishing and furnishing according to personal preferences. The property has its own yard and a parking space within the complex.
The location is quiet, in a gated complex with low building density, providing security and proximity to Varna city center.
The house is suitable for family living with a balance of comfort and functionality in a peaceful environment.
With 20% down over 20 years the monthly mortgage payment is about 918 €, against an expected local rent of 1,764 €. The rent covers the whole payment (192%).
Pros and cons
AI summaryPros
- gated complex
- private yard
- parking space
- functional layout
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living area 23 sq m
- bedroom
- bedroom
Amenities
- With Parking
- Gated Community
- Tax Credit Option
Details
- Category
- Residential
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
At market level
median 1,967 €/m² for comparable properties
278,900 € 2,021 €/m²
Rent covers ~ 143% of the payment
~ 1,764 €/mo rent · pays for itself in ~ 13 yrs
−19% below market
median 1,967 €/m² for comparable properties
159,900 € 1,599 €/m²
Rent covers ~ 249% of the payment
~ 1,764 €/mo rent · pays for itself in ~ 8 yrs
At market level
median 1,967 €/m² for comparable properties
279,000 € 2,021 €/m²
Rent covers ~ 143% of the payment
~ 1,764 €/mo rent · pays for itself in ~ 13 yrs
At market level
median 1,967 €/m² for comparable properties
295,000 € 1,966 €/m²
Rent covers ~ 135% of the payment
~ 1,764 €/mo rent · pays for itself in ~ 14 yrs
+11% above market
median 1,923 €/m² for comparable properties
600,000 € 2,127 €/m²
Rent covers ~ 66% of the payment
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+24% above market
median 1,967 €/m² for comparable properties
440,000 € 2,444 €/m²
Rent covers ~ 90% of the payment
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−22% below market
median 1,967 €/m² for comparable properties
185,000 € 1,541 €/m²
Rent covers ~ 215% of the payment
~ 1,764 €/mo rent · pays for itself in ~ 9 yrs