+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
Sale455,000 €1,338 €/m²
Expected rent1,121 € /mo
~148,000 € BELOW MARKET
good value
against the median for houses in Vinica (75 properties)
Area
340 m²
Land Area
1,056 m²
Construction
Brick
Year
2023
Yield analysis
Low investment rating
Monthly payment2,019 €20% down payment · 20 yrs · 3%
Expected rent1,121 €at market conditions for the neighbourhood
The rent covers 56% of the payment — you top up about 898 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 34 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 148,000 € below the typical price (the median) for houses in Vinica (75 properties) — 1,338 €/m² against 1,774 €/m².
House in the district of Vinitsa, Varna city, built in 2023 with a total floor area of 340 sq m and a yard of 1056 sq m with a regular shape and flat terrain.
The layout includes a 50 sq m living area, 4 bedrooms, each with its own access to a terrace, 3 bathrooms, laundry room and office space, as well as a double garage.
The construction is brick with quality materials – triple-glazed windows, thermal insulation, and installations for local heating, solar collectors, and a security system.
The district offers developed infrastructure with convenient access to schools, shops, and medical facilities, as well as proximity to natural and resort areas.
The property is suitable for year-round living or as a holiday home, providing peace and comfort close to the city.
With 20% down over 20 years the monthly mortgage payment is about 2,019 €, against an expected local rent of 1,121 €. The rent covers 56% of it.
Pros and cons
AI summaryPros
- functional layout
- large yard
- quality materials
- garage
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living area /50 sq m/
- bedroom /16-18 sq m/
- bedroom /16-18 sq m/
- bedroom /16-18 sq m/
- bedroom /16-18 sq m/
Amenities
- With Parking
- Renovated
Exposure
AI summarySSouth
Maximum sunlight throughout the day
NNorth
Even light, cooler during summer
Details
- Category
- Residential
- Bathrooms
- 3
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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