median 2,009 €/m² for comparable properties
Rent covers ~ 97% of the payment
~ 2,092 €/mo rent · you top up ~ 60 €/mo
~67,500 € BELOW MARKET
good value
against the median for houses in Sveti Nikola (38 properties)
Strong investment rating
The rent covers 152% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 12 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 67,500 € below the typical price (the median) for houses in Sveti Nikola (38 properties) — 1,648 €/m² against 2,009 €/m².
House with three levels in the district of Sveti Nikola, Varna city.
The layout includes on the first level three separate rooms with a bathroom, on the second a living area with kitchenette, bedroom and terrace with sea view, and on the third two bedrooms, bathroom and another terrace.
The building is brick from 2001, with a maintained yard featuring fruit trees and a gazebo with fireplace; a solar panel is installed on the roof.
The location is close to a supermarket, bus stop and car service, with the sea garden within walking distance.
The property is suitable for use as a family home with amenities for relaxation and sea views.
With 20% down over 20 years the monthly mortgage payment is about 1,375 €, against an expected local rent of 2,092 €. The rent covers the whole payment (152%).
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Even light, cooler during summer
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 2,009 €/m² for comparable properties
Rent covers ~ 97% of the payment
~ 2,092 €/mo rent · you top up ~ 60 €/mo
median 2,009 €/m² for comparable properties
Rent covers ~ 81% of the payment
~ 2,092 €/mo rent · you top up ~ 504 €/mo
median 2,009 €/m² for comparable properties
Rent covers ~ 81% of the payment
~ 2,092 €/mo rent · you top up ~ 504 €/mo
median 2,009 €/m² for comparable properties
Rent covers ~ 75% of the payment
~ 2,092 €/mo rent · you top up ~ 703 €/mo
median 2,009 €/m² for comparable properties
Rent covers ~ 109% of the payment
~ 2,092 €/mo rent · pays for itself in ~ 17 yrs
median 2,009 €/m² for comparable properties
Rent covers ~ 69% of the payment
~ 2,092 €/mo rent · you top up ~ 947 €/mo
median 2,009 €/m² for comparable properties
Rent covers ~ 65% of the payment
~ 2,092 €/mo rent · you top up ~ 1,147 €/mo
median 2,009 €/m² for comparable properties
Rent covers ~ 95% of the payment
~ 2,092 €/mo rent · you top up ~ 111 €/mo