median 1,941 €/m² for comparable properties
Rent covers ~ 152% of the payment
~ 2,092 €/mo rent · pays for itself in ~ 12 yrs
~98,000 € ABOVE MARKET
overpriced
against the median for houses in Sveti Nikola (37 properties)
Fair investment rating
The rent covers 101% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 19 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 98,000 € above the typical price (the median) for houses in Sveti Nikola (37 properties) — 2,460 €/m² against 1,941 €/m².
House with an area of 189 sq m, located in the quiet area of Sveti Nikola in the city of Varna. The property is part of a complex with modern architecture and convenient access to the main road artery.
The layout includes on the first floor a spacious living room with dining area and kitchen, a bathroom, and a utility room, while on the second floor there are three bedrooms, two bathrooms, and a terrace. The master bedroom has its own bathroom and walk-in closet.
The construction is brick with high-quality materials such as Reynaers Aluminium window frames and thermally treated wood. Heating is provided by a heat pump system and underfloor heating, while cooling is via convectors.
The location offers peace and privacy while providing quick access to urban infrastructure. The property includes three parking spaces and a garden with veranda.
The property is suitable for family use, combining comfort and functionality in a quiet area close to the city.
With 20% down over 20 years the monthly mortgage payment is about 2,063 €, against an expected local rent of 2,092 €. The rent covers the whole payment (101%).
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,941 €/m² for comparable properties
Rent covers ~ 152% of the payment
~ 2,092 €/mo rent · pays for itself in ~ 12 yrs
median 1,941 €/m² for comparable properties
Rent covers ~ 97% of the payment
~ 2,092 €/mo rent · you top up ~ 60 €/mo
median 1,941 €/m² for comparable properties
Rent covers ~ 81% of the payment
~ 2,092 €/mo rent · you top up ~ 504 €/mo
median 1,941 €/m² for comparable properties
Rent covers ~ 81% of the payment
~ 2,092 €/mo rent · you top up ~ 504 €/mo
median 1,941 €/m² for comparable properties
Rent covers ~ 75% of the payment
~ 2,092 €/mo rent · you top up ~ 703 €/mo
median 1,941 €/m² for comparable properties
Rent covers ~ 109% of the payment
~ 2,092 €/mo rent · pays for itself in ~ 17 yrs
median 1,941 €/m² for comparable properties
Rent covers ~ 69% of the payment
~ 2,092 €/mo rent · you top up ~ 947 €/mo
median 1,941 €/m² for comparable properties
Rent covers ~ 65% of the payment
~ 2,092 €/mo rent · you top up ~ 1,147 €/mo