+10% above market
median 1,871 €/m² for comparable properties
165,000 € 2,062 €/m²
Rent covers ~ 240% of the payment
~ 1,755 €/mo rent · pays for itself in ~ 8 yrs
Sale450,000 €1,601 €/m²
Expected rent1,755 € /mo
~76,000 € BELOW MARKET
good value
against the median for houses in Pchelina (23 properties)
Area
281 m²
Land Area
300 m²
Construction
Brick
Year
2007
Yield analysis
Fair investment rating
Monthly payment1,997 €20% down payment · 20 yrs · 3%
Expected rent1,755 €at market conditions for the neighbourhood
The rent covers 88% of the payment — you top up about 242 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
1 change since listing▼ 9.1% · 45,000 €
- 495,000 €
- 450,000 €▼ 45,000 € (9.1%)
Property analysis
This house is priced about 76,000 € below the typical price (the median) for houses in Pchelina (23 properties) — 1,601 €/m² against 1,871 €/m².
House with three floors, located in the area of Pchelina, Varna city.
The layout includes a living room with dining area and lounge with fireplace, three bedrooms, three bathrooms with toilets, two terraces with sea view and an infrared sauna.
The building is brick from 2007, with active electricity and water accounts, connected to the sewage system and equipped with a water softening system, security alarm and video surveillance.
The property has a large garage for two cars and a landscaped yard of 300 sq m. The area is rapidly developing with easy access to the main road.
Suitable for family living close to nature with amenities for comfortable stay.
With 20% down over 20 years the monthly mortgage payment is about 1,997 €, against an expected local rent of 1,755 €. The rent covers 88% of it.
The asking price has fallen by 45,000 € (9.1%) since it was first listed.
Pros and cons
AI summaryPros
- sea view
- garage for two cars
- landscaped yard
- water softening system
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room
- bedroom
- bedroom
- lounge
- bathroom
- bathroom
- bathroom
- toilet
- toilet
- toilet
Amenities
- With Parking
Exposure
AI summarySSouth
Maximum sunlight throughout the day
NNorth
Even light, cooler during summer
Details
- Category
- Residential
- Bathrooms
- 4
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
At market level
median 1,871 €/m² for comparable properties
399,900 € 1,817 €/m²
Rent covers ~ 99% of the payment
~ 1,755 €/mo rent · you top up ~ 19 €/mo
+12% above market
median 1,871 €/m² for comparable properties
300,000 € 2,097 €/m²
Rent covers ~ 132% of the payment
~ 1,755 €/mo rent · pays for itself in ~ 14 yrs
At market level
median 1,871 €/m² for comparable properties
300,000 € 2,040 €/m²
Rent covers ~ 132% of the payment
~ 1,755 €/mo rent · pays for itself in ~ 14 yrs
+41% above market
median 1,871 €/m² for comparable properties
448,800 € 2,640 €/m²
Rent covers ~ 88% of the payment
~ 1,755 €/mo rent · you top up ~ 236 €/mo
−12% below market
median 1,871 €/m² for comparable properties
409,900 € 1,639 €/m²
Rent covers ~ 97% of the payment
~ 1,755 €/mo rent · you top up ~ 64 €/mo
At market level
median 1,871 €/m² for comparable properties
275,000 € 1,964 €/m²
Rent covers ~ 144% of the payment
~ 1,755 €/mo rent · pays for itself in ~ 13 yrs
At market level
median 1,871 €/m² for comparable properties
448,800 € 1,795 €/m²
Rent covers ~ 88% of the payment
~ 1,755 €/mo rent · you top up ~ 236 €/mo