−23% below market
median 1,389 €/m² for comparable properties
120,000 € 1,071 €/m²
Rent covers ~ 331% of the payment
~ 1,764 €/mo rent · pays for itself in ~ 6 yrs
Sale160,000 €1,333 €/m²
Expected rent1,764 € /mo
AT MARKET LEVEL
fairly priced
against the median for houses in Troshevo (22 properties)
Area
120 m²
Land Area
60 m²
Construction
Brick
Year
1980
Yield analysis
Strong investment rating
Monthly payment710 €20% down payment · 20 yrs · 3%
Expected rent1,764 €at market conditions for the neighbourhood
The rent covers 248% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 8 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 at the typical price (the median) for houses in Troshevo (22 properties) — 1,289 €/m² against 1,389 €/m².
House in Varna city, Troshevo district, Zelenchukova Borsa with an area of 120 sq m and an additional attic floor.
The layout includes a ground floor with a shop, a second floor with a living area and two terraces, as well as an attic space with the potential to be converted into additional living space.
The building is brick from 1980, with external insulation and heating via air conditioners, equipped with internet and access control.
The location is close to public transport stops, a shopping centre and a kindergarten, providing conveniences for living and business.
The property is suitable for combining residential use with commercial activity, offering a functional solution for a family with business interests.
With 20% down over 20 years the monthly mortgage payment is about 710 €, against an expected local rent of 1,764 €. The rent covers the whole payment (248%).
This property is advertised in 2 offers from 2 different sellers. The gap between the cheapest and the dearest is 5,000 €. It has been listed for 300 days.
Pros and cons
AI summaryPros
- two-storey structure
- shop included
- two terraces
- external insulation
Cons
- heating by air conditioners
- year of construction 1980
Layout
- living room
- kitchenette
- bathroom
- living area
- kitchen
- dining room
- bathroom
- attic space
Amenities
- Internet Connection
- Access Control
- Renovated
Details
- Category
- Residential
- Bathrooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
+56% above market
median 1,389 €/m² for comparable properties
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~ 1,764 €/mo rent · pays for itself in ~ 12 yrs
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On request
No yield data
Appears once there's enough market data
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