−26% below market
median 1,541 €/m² for comparable properties
130,000 € 1,140 €/m²
Rent covers ~ 306% of the payment
~ 1,764 €/mo rent · pays for itself in ~ 6 yrs
Sale39,000 €1,560 €/m²
Expected rent1,764 € /mo
AT MARKET LEVEL
fairly priced
against the median for houses in Perchemliyata (19 properties)
Area
25 m²
Land Area
602 m²
Construction
Wooden Frame
Yield analysis
Strong investment rating
Monthly payment173 €20% down payment · 20 yrs · 3%
Expected rent1,764 €at market conditions for the neighbourhood
The rent covers 1019% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 2 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 Perchemliyata (19 properties) — 1,560 €/m² against 1,541 €/m².
The property is a small wooden villa with an area of 25 sq m, located in the Perchemliyata area, Varna city.
The layout is compact, suitable for seasonal use or as an additional residence.
The construction is wooden, which implies a lighter structure and a need for maintenance. There is a paid fee for connection to the electricity distribution network.
The location is quiet and with clean air, close to the Zlatni Pyasatsi resort complex and Varna city, providing convenient access to services and entertainment.
The property is suitable for people looking for a small property close to nature with potential for future development.
With 20% down over 20 years the monthly mortgage payment is about 173 €, against an expected local rent of 1,764 €. The rent covers the whole payment (1019%).
Pros and cons
AI summaryPros
- quiet location
- close to resort
- paid electricity connection
Cons
- small area
- wooden construction
Details
- Category
- Residential
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
+58% above market
median 1,541 €/m² for comparable properties
117,000 € 2,437 €/m²
Rent covers ~ 340% of the payment
~ 1,764 €/mo rent · pays for itself in ~ 6 yrs
+28% above market
median 1,541 €/m² for comparable properties
420,000 € 1,971 €/m²
Rent covers ~ 95% of the payment
~ 1,764 €/mo rent · you top up ~ 99 €/mo
−43% below market
median 1,541 €/m² for comparable properties
70,000 € 875 €/m²
Rent covers ~ 568% of the payment
~ 1,764 €/mo rent · pays for itself in ~ 3 yrs
+66% above market
median 1,541 €/m² for comparable properties
179,000 € 2,557 €/m²
Rent covers ~ 222% of the payment
~ 1,764 €/mo rent · pays for itself in ~ 8 yrs
At market level
median 1,541 €/m² for comparable properties
215,000 € 1,653 €/m²
Rent covers ~ 185% of the payment
~ 1,764 €/mo rent · pays for itself in ~ 10 yrs
+39% above market
median 1,541 €/m² for comparable properties
289,000 € 2,140 €/m²
Rent covers ~ 138% of the payment
~ 1,764 €/mo rent · pays for itself in ~ 14 yrs
At market level
median 1,541 €/m² for comparable properties
56,990 € 1,540 €/m²
Rent covers ~ 698% of the payment
~ 1,764 €/mo rent · pays for itself in ~ 3 yrs