−9% below market
median 1,918 €/m² for comparable properties
470,000 € 1,740 €/m²
Rent covers ~ 84% of the payment
~ 1,748 €/mo rent · you top up ~ 337 €/mo
Sale980,000 €1,960 €/m²
Expected rent1,748 € /mo
AT MARKET LEVEL
fairly priced
against the median for houses in Varna (1,031 properties)
Area
500 m²
Land Area
290 m²
Construction
Brick
Year
1920
Yield analysis
Low investment rating
Monthly payment4,348 €20% down payment · 20 yrs · 3%
Expected rent1,748 €at market conditions for the neighbourhood
The rent covers 40% of the payment — you top up about 2,600 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 47 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 Varna (1,031 properties) — 1,960 €/m² against 1,918 €/m².
With 20% down over 20 years the monthly mortgage payment is about 4,348 €, against an expected local rent of 1,748 €. The rent covers 40% of it.
This property is advertised in 2 offers from 2 different sellers. All offers are at the same price. It has been listed for 254 days.
Details
- Category
- Residential
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.