−26% below market
median 1,541 €/m² for comparable properties
130,000 € 1,140 €/m²
Rent covers ~ 304% of the payment
~ 1,755 €/mo rent · pays for itself in ~ 6 yrs
Sale179,000 €2,557 €/m²
Expected rent1,755 € /mo
~71,000 € ABOVE MARKET
overpriced
against the median for houses in Perchemliyata (19 properties)
Area
70 m²
Land Area
625 m²
Construction
Brick
Year
1980
Yield analysis
Strong investment rating
Monthly payment794 €20% down payment · 20 yrs · 3%
Expected rent1,755 €at market conditions for the neighbourhood
The rent covers 221% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 8 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
2 changes since listing▼ 16.7% · 36,000 €
- 215,000 €
- 189,000 €▼ 26,000 € (12.1%)
- 179,000 €▼ 10,000 € (5.3%)
Property analysis
This house is priced about 71,000 € above the typical price (the median) for houses in Perchemliyata (19 properties) — 2,557 €/m² against 1,541 €/m².
House with an area of 70 sq m, located in m-t Perchemliyata, Varna city.
The property has a functional layout and a two-storey structure, suitable for family use.
The construction is mixed – monolithic reinforced concrete structure and a lightweight part, built in 1980.
It is located about 100 meters from the main road, with parking spaces for 4 cars provided.
A suitable choice for people seeking proximity to nature with convenient access to the city.
With 20% down over 20 years the monthly mortgage payment is about 794 €, against an expected local rent of 1,755 €. The rent covers the whole payment (221%).
The asking price has fallen by 36,000 € (16.7%) since it was first listed.
Pros and cons
AI summaryPros
- functional layout
- parking spaces for 4 cars
- mixed construction
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Details
- Category
- Residential
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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