median 1,941 €/m² for comparable properties
Rent covers ~ 152% of the payment
~ 2,092 €/mo rent · pays for itself in ~ 12 yrs
~151,500 € BELOW MARKET
good value
against the median for houses in Sveti Nikola (37 properties)
Fair investment rating
The rent covers 109% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 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 151,500 € below the typical price (the median) for houses in Sveti Nikola (37 properties) — 1,436 €/m² against 1,941 €/m².
House with a total built-up area of 300 sq m, located on a 1000 sq m plot in the Sveti Nikola district of Varna.
Layout: ground floor with living room, dining room, two bedrooms, two bathrooms with toilets, additional toilets, storage rooms and garage; second floor in rough construction with living room and kitchenette, two bedrooms, bathroom and panoramic terrace.
The building is brick from 2002, the ground floor is finished, the second requires completion works. The property has electricity, water from a hydrophore with purifier and sewage.
The yard is landscaped with fruit trees and has a built well. Access is via an asphalt road.
Suitable for people seeking a spacious home close to nature with the possibility to finish according to personal preferences.
With 20% down over 20 years the monthly mortgage payment is about 1,912 €, against an expected local rent of 2,092 €. The rent covers the whole payment (109%).
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 ~ 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
median 1,941 €/m² for comparable properties
Rent covers ~ 95% of the payment
~ 2,092 €/mo rent · you top up ~ 111 €/mo