median 1,627 €/m² for comparable properties
Rent covers ~ 193% of the payment
~ 1,755 €/mo rent · pays for itself in ~ 10 yrs
~37,500 € BELOW MARKET
good value
against the median for houses in Sotira (25 properties)
Strong investment rating
The rent covers 188% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 10 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This house is priced about 37,500 € below the typical price (the median) for houses in Sotira (25 properties) — 1,381 €/m² against 1,627 €/m².
House with an area of 152 sq m and a 1 decare yard is located in m-t Sotira, Varna city.
The layout includes a ground floor of 60 sq m and a first floor of 150 sq m, with ready documents for building a second floor.
The building is brick and requires renovation, allowing for remodeling according to the new owner's needs.
The location is close to a main boulevard and Terapia, with the possibility to use the spacious yard and sea view.
The property is suitable for people seeking space and development opportunities close to nature.
With 20% down over 20 years the monthly mortgage payment is about 932 €, against an expected local rent of 1,755 €. The rent covers the whole payment (188%).
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,627 €/m² for comparable properties
Rent covers ~ 193% of the payment
~ 1,755 €/mo rent · pays for itself in ~ 10 yrs
median 1,627 €/m² for comparable properties
Rent covers ~ 193% of the payment
~ 1,755 €/mo rent · pays for itself in ~ 10 yrs
median 1,627 €/m² for comparable properties
Rent covers ~ 147% of the payment
~ 1,755 €/mo rent · pays for itself in ~ 13 yrs
median 1,627 €/m² for comparable properties
Rent covers ~ 147% of the payment
~ 1,755 €/mo rent · pays for itself in ~ 13 yrs
median 1,627 €/m² for comparable properties
Rent covers ~ 79% of the payment
~ 1,755 €/mo rent · you top up ~ 455 €/mo
median 1,627 €/m² for comparable properties
Rent covers ~ 83% of the payment
~ 1,755 €/mo rent · you top up ~ 347 €/mo
median 1,627 €/m² for comparable properties
Rent covers ~ 42% of the payment
~ 1,755 €/mo rent · you top up ~ 2,393 €/mo
median 1,627 €/m² for comparable properties
Rent covers ~ 42% of the payment
~ 1,755 €/mo rent · you top up ~ 2,393 €/mo