Sale

House in Varna, Sveti Nikola

VarnaSveti Nikola
Published: 29 December 2025 Updated: 1 September 2026
Sale470,000 €1,577 €/m²
Expected rent2,092 € /mo

~128,500 € BELOW MARKET

good value

against the median for houses in Sveti Nikola (38 properties)

Area
298 m²
Land Area
840 m²
Construction
Brick
Year
2004

Yield analysis

Fair investment rating

5.3% / yr
Monthly payment2,085 €20% down payment · 20 yrs · 3%
Expected rent2,092 €at market conditions for the neighbourhood

The rent covers 100% 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.

Price history

3 changes since listing▼ 14.5% · 80,000 €
  1. 550,000 €10 March 2026Initial price
  2. 540,000 €▼ 10,000 € (1.8%) 19 March 2026Price reduced
  3. 494,000 €▼ 46,000 € (8.5%) 8 April 2026Price reduced
  4. 470,000 €▼ 24,000 € (4.9%) 1 May 2026Price reducedCurrent

Property analysis

This house is priced about 128,500 € below the typical price (the median) for houses in Sveti Nikola (38 properties) — 1,577 €/m² against 2,009 €/m².

With 20% down over 20 years the monthly mortgage payment is about 2,085 €, against an expected local rent of 2,092 €. The rent covers the whole payment (100%).

The asking price has fallen by 80,000 € (14.5%) since it was first listed.

Source: Market statistics for houses in Sveti Nikola

Amenities

  • With Parking
  • Internet Connection

Exposure

AI summary
NNorth

Even light, cooler during summer

Details

Category
Residential
Bathrooms
2
Furnishing
Yes

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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