−44% below market
median 1,918 €/m² for comparable properties
120,000 € 1,600 €/m²
Rent covers ~ 328% of the payment
~ 1,748 €/mo rent · pays for itself in ~ 6 yrs
Sale499,000 €1,039 €/m²
Expected rent1,748 € /mo
~421,500 € BELOW MARKET
far below market
against the median for houses in Varna (1,031 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Area
480 m²
Land Area
30 m²
Construction
Brick
Year
1995
Yield analysis
Fair investment rating
Monthly payment2,214 €20% down payment · 20 yrs · 3%
Expected rent1,748 €at market conditions for the neighbourhood
The rent covers 79% of the payment — you top up about 466 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 24 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% · 50,000 €
- 549,000 €
- 499,000 €▼ 50,000 € (9.1%)
Property analysis
This house is priced about 421,500 € below the typical price (the median) for houses in Varna (1,031 properties) — 1,039 €/m² against 1,918 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
With 20% down over 20 years the monthly mortgage payment is about 2,214 €, against an expected local rent of 1,748 €. The rent covers 79% of it.
The asking price has fallen by 50,000 € (9.1%) since it was first listed.
Amenities
- With Parking
- Internet Connection
- Video Surveillance
Details
- Category
- Residential
- Furnishing
- Yes