+62% above market
median 1,923 €/m² for comparable properties
420,000 € 3,111 €/m²
Rent covers ~ 94% of the payment
~ 1,746 €/mo rent · you top up ~ 117 €/mo
Sale435,000 €3,346 €/m²
Expected rent1,746 € /mo
~185,000 € ABOVE MARKET
overpriced
against the median for houses in Varna (1,034 properties)
Area
130 m²
Land Area
1,100 m²
Construction
Brick
Year
2016
Yield analysis
Fair investment rating
Monthly payment1,930 €20% down payment · 20 yrs · 3%
Expected rent1,746 €at market conditions for the neighbourhood
The rent covers 90% of the payment — you top up about 184 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 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 185,000 € above the typical price (the median) for houses in Varna (1,034 properties) — 3,346 €/m² against 1,923 €/m².
With 20% down over 20 years the monthly mortgage payment is about 1,930 €, against an expected local rent of 1,746 €. The rent covers 90% of it.
Details
- Category
- Residential
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.