−20% below market
median 1,994 €/m² for comparable properties
159,900 € 1,599 €/m²
Rent covers ~ 246% of the payment
~ 1,748 €/mo rent · pays for itself in ~ 8 yrs
Sale278,900 €2,021 €/m²
Expected rent1,748 € /mo
AT MARKET LEVEL
fairly priced
against the median for houses in Mentesheto (8 properties)
Area
138 m²
Land Area
300 m²
Floor
2 / 2
Construction
Brick
Year
2028
Yield analysis
Good investment rating
Monthly payment1,237 €20% down payment · 20 yrs · 3%
Expected rent1,748 €at market conditions for the neighbourhood
The rent covers 141% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 13 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) — 2,021 €/m² against 1,994 €/m².
The house is located in the city of Varna, Mentesheto area, in a gated complex with low building density.
The layout includes two levels with a living area, kitchenette and dining room on the first floor, as well as three separate bedrooms on the second floor with a shared terrace.
The construction is brick, and the property is offered unfinished, allowing completion and furnishing according to personal choice. The property includes a private yard and two parking spaces within the complex.
The location offers tranquility and security while providing quick access to the centre of Varna.
The property is suitable for permanent family residence with good functionality and potential for customization.
With 20% down over 20 years the monthly mortgage payment is about 1,237 €, against an expected local rent of 1,748 €. The rent covers the whole payment (141%).
Pros and cons
AI summaryPros
- functional layout
- private yard
- two parking spaces
- gated complex
Cons
- needs finishing
Layout
- entrance hall
- living area
- kitchenette
- dining room
- living room
- bedroom
- bedroom
- bedroom
- bathroom
- bathroom
Amenities
- With Parking
- Gated Community
- Tax Credit Option
Details
- Category
- Residential
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
At market level
median 1,994 €/m² for comparable properties
279,000 € 2,021 €/m²
Rent covers ~ 141% of the payment
~ 1,748 €/mo rent · pays for itself in ~ 13 yrs
At market level
median 1,994 €/m² for comparable properties
295,000 € 1,966 €/m²
Rent covers ~ 134% of the payment
~ 1,748 €/mo rent · pays for itself in ~ 14 yrs
−29% below market
median 1,994 €/m² for comparable properties
169,990 € 1,416 €/m²
Rent covers ~ 232% of the payment
~ 1,748 €/mo rent · pays for itself in ~ 8 yrs
At market level
median 1,994 €/m² for comparable properties
207,000 € 2,070 €/m²
Rent covers ~ 190% of the payment
~ 1,748 €/mo rent · pays for itself in ~ 10 yrs
+11% above market
median 1,918 €/m² for comparable properties
600,000 € 2,127 €/m²
Rent covers ~ 66% of the payment
~ 1,748 €/mo rent · you top up ~ 914 €/mo
+23% above market
median 1,994 €/m² for comparable properties
440,000 € 2,444 €/m²
Rent covers ~ 90% of the payment
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−23% below market
median 1,994 €/m² for comparable properties
185,000 € 1,541 €/m²
Rent covers ~ 213% of the payment
~ 1,748 €/mo rent · pays for itself in ~ 9 yrs