median 1,774 €/m² for comparable properties
Rent covers ~ 158% of the payment
~ 1,121 €/mo rent · pays for itself in ~ 12 yrs
~217,500 € BELOW MARKET
far below market
against the median for houses in Vinica (75 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Fair investment rating
The rent covers 98% of the payment — you top up about 24 €/mo for 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.
This house is priced about 217,500 € below the typical price (the median) for houses in Vinica (75 properties) — 962 €/m² against 1,774 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
The house is located in Vinitsa district, Varna city, on Morska Zvezda St. The property has a total area of 268 sq m and includes a yard of 665 sq m.
The layout includes four residential floors: a semi-basement with two rooms, kitchen and bathroom; first and second floors each with two rooms, kitchen, bathroom and terrace; attic floor is an open space with good height. The property also has a garage of 22.75 sq m.
The construction is brick from 1980, and the house needs renovation. Electricity, water and sewage are available on all levels, and the garage has sewage and electricity.
The location is in the lower part of the district, close to MBAL Eurohospital, supermarket, bus stop and petrol station. The yard is maintained with fruit trees and greenery.
The property is suitable for family use with the possibility for renovation and adaptation according to needs.
With 20% down over 20 years the monthly mortgage payment is about 1,145 €, against an expected local rent of 1,121 €. The rent covers 98% of it.
median 1,774 €/m² for comparable properties
Rent covers ~ 158% of the payment
~ 1,121 €/mo rent · pays for itself in ~ 12 yrs
median 1,774 €/m² for comparable properties
Rent covers ~ 63% of the payment
~ 1,121 €/mo rent · you top up ~ 654 €/mo
median 1,774 €/m² for comparable properties
Rent covers ~ 101% of the payment
~ 1,121 €/mo rent · pays for itself in ~ 19 yrs
median 1,774 €/m² for comparable properties
Rent covers ~ 56% of the payment
~ 1,121 €/mo rent · you top up ~ 898 €/mo
median 1,774 €/m² for comparable properties
Rent covers ~ 61% of the payment
~ 1,121 €/mo rent · you top up ~ 720 €/mo
median 1,774 €/m² for comparable properties
Rent covers ~ 64% of the payment
~ 1,121 €/mo rent · you top up ~ 632 €/mo
median 1,774 €/m² for comparable properties
Rent covers ~ 201% of the payment
~ 1,121 €/mo rent · pays for itself in ~ 9 yrs
median 1,774 €/m² for comparable properties
Rent covers ~ 70% of the payment
~ 1,121 €/mo rent · you top up ~ 476 €/mo