+56% above market
median 1,389 €/m² for comparable properties
260,000 € 2,166 €/m²
Rent covers ~ 152% of the payment
~ 1,755 €/mo rent · pays for itself in ~ 12 yrs
Sale120,000 €1,071 €/m²
Expected rent1,755 € /mo
~35,500 € BELOW MARKET
good value
against the median for houses in Troshevo (22 properties)
Area
112 m²
Land Area
322 m²
Construction
Brick
Year
1960
Yield analysis
Strong investment rating
Monthly payment532 €20% down payment · 20 yrs · 3%
Expected rent1,755 €at market conditions for the neighbourhood
The rent covers 330% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 6 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 35,500 € below the typical price (the median) for houses in Troshevo (22 properties) — 1,071 €/m² against 1,389 €/m².
The property consists of two houses with a total area of 112 sq m, located on a corner plot of 322 sq m in the Troshevo district of Varna.
The layout includes two separate buildings with areas of 75 sq m and 37 sq m, which require full renovation.
The construction is brick from 1960, and the property has active electricity and water accounts.
The area is low-rise, with easy access to main roads, a green market, schools, and kindergartens.
The property is suitable for reconstruction or new construction given the location and the plot.
With 20% down over 20 years the monthly mortgage payment is about 532 €, against an expected local rent of 1,755 €. The rent covers the whole payment (330%).
Pros and cons
AI summaryPros
- corner plot
- active accounts
- easy transport access
- low-rise area
Cons
- needs full renovation
Details
- Category
- Residential
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
At market level
median 1,389 €/m² for comparable properties
160,000 € 1,333 €/m²
Rent covers ~ 247% of the payment
~ 1,755 €/mo rent · pays for itself in ~ 8 yrs
+26% above market
median 1,480 €/m² for comparable properties
On request
No yield data
Appears once there's enough market data
At market level
median 1,389 €/m² for comparable properties
149,990 € 1,388 €/m²
Rent covers ~ 264% of the payment
~ 1,755 €/mo rent · pays for itself in ~ 7 yrs
At market level
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Rent covers ~ 267% of the payment
~ 1,755 €/mo rent · pays for itself in ~ 7 yrs
+38% above market
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At market level
median 1,389 €/m² for comparable properties
96,500 € 1,484 €/m²
Rent covers ~ 410% of the payment
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+38% above market
median 1,389 €/m² for comparable properties
210,000 € 1,909 €/m²
Rent covers ~ 188% of the payment
~ 1,755 €/mo rent · pays for itself in ~ 10 yrs