+10% above market
median 1,871 €/m² for comparable properties
165,000 € 2,062 €/m²
Rent covers ~ 241% of the payment
~ 1,764 €/mo rent · pays for itself in ~ 8 yrs
Sale399,900 €1,817 €/m²
Expected rent1,764 € /mo
AT MARKET LEVEL
fairly priced
against the median for houses in Pchelina (23 properties)
Area
220 m²
Land Area
300 m²
Construction
Brick
Year
2022
Yield analysis
Fair investment rating
Monthly payment1,774 €20% down payment · 20 yrs · 3%
Expected rent1,764 €at market conditions for the neighbourhood
The rent covers 99% of the payment — you top up about 10 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 19 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 Pchelina (23 properties) — 1,817 €/m² against 1,871 €/m².
The house is located in m-t Pchelina, Varna city and was built in 2022. The property has a total floor area of 220 sq m and a private yard of 80 sq m with a south aspect.
The layout includes three floors: the first floor has a living room with kitchenette and dining area, a toilet, and two utility rooms; the second floor contains three bedrooms, a bathroom with toilet, and a terrace; the third floor is a studio with living room, kitchenette, bathroom, laundry room, and terrace.
The construction is brick, with Act 16, which guarantees completion and usability. The property features a south aspect and panoramic views of the bay and lake.
The location offers a quiet environment with good infrastructure, proximity to schools, kindergartens, and convenient access to Varna city centre. The area is suitable for year-round living combining tranquility and urban amenities.
The property is suitable for families seeking a spacious home with functional layout in a peaceful area close to the city.
With 20% down over 20 years the monthly mortgage payment is about 1,774 €, against an expected local rent of 1,764 €. The rent covers 99% of it.
Pros and cons
AI summaryPros
- functional layout
- south aspect
- panoramic view
- new-build
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room 37 sq m
- bedroom 13 sq m
- bedroom 13 sq m
- bedroom 11 sq m
- studio 60 sq m
Exposure
AI summarySSouth
Maximum sunlight throughout the day
Details
- Category
- Residential
- Bathrooms
- 3
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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