−10% below market
median 1,772 €/m² for comparable properties
350,000 € 1,750 €/m²
Rent covers ~ 113% of the payment
~ 1,748 €/mo rent · pays for itself in ~ 17 yrs
Sale1,111,000 €5,611 €/m²
Expected rent1,748 € /mo
~760,000 € ABOVE MARKET
overpriced
against the median for houses in Zelenika (34 properties)
Area
198 m²
Land Area
580 m²
Construction
Brick
Year
2024
Yield analysis
Low investment rating
Monthly payment4,929 €20% down payment · 20 yrs · 3%
Expected rent1,748 €at market conditions for the neighbourhood
The rent covers 35% of the payment — you top up about 3,181 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 53 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 about 760,000 € above the typical price (the median) for houses in Zelenika (34 properties) — 5,611 €/m² against 1,772 €/m².
The house is located in m-t Zelenika, Varna city, within a gated complex with restricted access and security.
The layout includes two levels with a spacious living area, study, sauna, and three bedrooms, each bedroom being independent and having its own amenities.
The construction is brick from 2024, using quality materials, internal and external thermal insulation, modern flooring, and air conditioning in all rooms.
The complex offers green areas, a playground, outdoor gym, and other amenities, while the yard is landscaped with a jacuzzi and sports zone.
The property is suitable for family use with an emphasis on comfort and functionality combined with a sea view.
With 20% down over 20 years the monthly mortgage payment is about 4,929 €, against an expected local rent of 1,748 €. The rent covers 35% of it.
Pros and cons
AI summaryPros
- functional layout
- sea view
- new-build
- landscaped yard
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living area (43 sq m)
- study/office (11.3 sq m)
- bedroom (24 sq m)
- bedroom
- bedroom
Exposure
AI summaryNNorth
Even light, cooler during summer
Details
- Category
- Residential
- Bathrooms
- 3
- 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 1,772 €/m² for comparable properties
280,000 € 1,772 €/m²
Rent covers ~ 141% of the payment
~ 1,748 €/mo rent · pays for itself in ~ 13 yrs
No market valuation
On request
No yield data
Appears once there's enough market data
−13% below market
median 1,772 €/m² for comparable properties
425,000 € 1,534 €/m²
Rent covers ~ 93% of the payment
~ 1,748 €/mo rent · you top up ~ 138 €/mo
−13% below market
median 1,772 €/m² for comparable properties
425,000 € 1,534 €/m²
Rent covers ~ 93% of the payment
~ 1,748 €/mo rent · you top up ~ 138 €/mo
+19% above market
median 1,772 €/m² for comparable properties
980,000 € 2,116 €/m²
Rent covers ~ 40% of the payment
~ 1,748 €/mo rent · you top up ~ 2,600 €/mo
−24% below market
median 1,772 €/m² for comparable properties
335,000 € 1,340 €/m²
Rent covers ~ 118% of the payment
~ 1,748 €/mo rent · pays for itself in ~ 16 yrs
+19% above market
median 1,772 €/m² for comparable properties
420,000 € 2,100 €/m²
Rent covers ~ 94% of the payment
~ 1,748 €/mo rent · you top up ~ 115 €/mo