−12% below market
median 1,774 €/m² for comparable properties
400,000 € 1,562 €/m²
Rent covers ~ 63% of the payment
~ 1,121 €/mo rent · you top up ~ 654 €/mo
Sale160,000 €3,200 €/m²
Expected rent1,121 € /mo
~71,500 € ABOVE MARKET
overpriced
against the median for houses in Vinica (75 properties)
Area
50 m²
Land Area
600 m²
Construction
Brick
Year
1999
Yield analysis
Strong investment rating
Monthly payment710 €20% down payment · 20 yrs · 3%
Expected rent1,121 €at market conditions for the neighbourhood
The rent covers 158% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 12 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 71,500 € above the typical price (the median) for houses in Vinica (75 properties) — 3,200 €/m² against 1,774 €/m².
House with an area of 50 sq m and a yard of 600 sq m, located in the Vinitsa district, city of Varna.
The layout includes a bedroom with walk-in closet and storage room on the first floor, as well as a hallway, kitchen with dining area, walk-through bedroom and bathroom with toilet on the second floor.
The building is brick from 1999, maintained and with existing electricity and water connections, as well as a septic tank.
The location offers quiet and tranquility, while being close to shops, a school and the city center.
The property is suitable for people seeking a balance between natural environment and urban infrastructure.
With 20% down over 20 years the monthly mortgage payment is about 710 €, against an expected local rent of 1,121 €. The rent covers the whole payment (158%).
Pros and cons
AI summaryPros
- sea view
- large yard
- paved access
- maintained yard
Cons
- walk-through rooms
Amenities
- With Transition
- Access Control
Exposure
AI summarySSouth
Maximum sunlight throughout the day
NNorth
Even light, cooler during summer
Details
- Category
- Residential
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
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median 1,774 €/m² for comparable properties
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