+80% above market
median 1,774 €/m² for comparable properties
160,000 € 3,200 €/m²
Rent covers ~ 158% of the payment
~ 1,121 €/mo rent · pays for itself in ~ 12 yrs
Sale415,000 €1,912 €/m²
Expected rent1,121 € /mo
AT MARKET LEVEL
fairly priced
against the median for houses in Vinica (75 properties)
Area
217 m²
Land Area
825 m²
Construction
Brick
Yield analysis
Low investment rating
Monthly payment1,841 €20% down payment · 20 yrs · 3%
Expected rent1,121 €at market conditions for the neighbourhood
The rent covers 61% of the payment — you top up about 720 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 31 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 Vinica (75 properties) — 1,912 €/m² against 1,774 €/m².
The house is located in the district of Vinitsa, Varna city, situated on a plot of 850 sq m with a large yard and garage.
The layout includes four levels: semi-basement, two floors, and attic space with high ceilings, totaling nine separate rooms and two large terraces with sea views.
The construction is brick from 2004, and the property has electricity, water, and a large garage with convenient access. In the yard there is a summer kitchen, barbecue, and two studios with sanitary facilities.
The location offers good access and a quiet environment, suitable for family living or for two families, as well as the possibility to use it as a guest house.
The property is functional and offers various possibilities for residence or investment in residential use.
With 20% down over 20 years the monthly mortgage payment is about 1,841 €, against an expected local rent of 1,121 €. The rent covers 61% of it.
Pros and cons
AI summaryPros
- large garage
- sea view
- two terraces
- maintained yard
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room
- kitchen
- living room
- kitchen
- bedroom
- bedroom
- bathroom
- toilet
- sanitary facility
Exposure
AI summarySSouth
Maximum sunlight throughout the day
NNorth
Even light, cooler during summer
Details
- Category
- Residential
- Bathrooms
- 3
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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