median 1,785 €/m² for comparable properties
Rent covers ~ 158% of the payment
~ 1,121 €/mo rent · pays for itself in ~ 12 yrs
~23,000 € ABOVE MARKET
overpriced
against the median for houses in Vinica (76 properties)
Strong investment rating
The rent covers 195% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 10 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 23,000 € above the typical price (the median) for houses in Vinica (76 properties) — 2,165 €/m² against 1,785 €/m².
House with an area of 60 sq m is located in the Manastirski Rid area, near the Vinitsa district in Varna.
The layout includes two rooms and a bathroom with toilet on the first floor, a glazed terrace and two more rooms on the second floor, as well as an attic floor with two additional rooms and a balcony outside the stated floor area.
The building is brick from 1980, needs renovation and updating, but has electricity and water with separate meters.
The property has its own plot of 575 sq m with access to two streets, year-round access via a gravel road in good condition.
Suitable for people looking for a property close to nature with the possibility for renovation and use as a permanent or holiday home.
With 20% down over 20 years the monthly mortgage payment is about 576 €, against an expected local rent of 1,121 €. The rent covers the whole payment (195%).
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,785 €/m² for comparable properties
Rent covers ~ 158% of the payment
~ 1,121 €/mo rent · pays for itself in ~ 12 yrs
median 1,785 €/m² for comparable properties
Rent covers ~ 46% of the payment
~ 1,121 €/mo rent · you top up ~ 1,319 €/mo
median 1,785 €/m² for comparable properties
Rent covers ~ 158% of the payment
~ 1,121 €/mo rent · pays for itself in ~ 12 yrs
median 1,785 €/m² for comparable properties
Rent covers ~ 63% of the payment
~ 1,121 €/mo rent · you top up ~ 654 €/mo
median 1,785 €/m² for comparable properties
Rent covers ~ 70% of the payment
~ 1,121 €/mo rent · you top up ~ 476 €/mo
median 1,785 €/m² for comparable properties
Rent covers ~ 64% of the payment
~ 1,121 €/mo rent · you top up ~ 632 €/mo
median 1,785 €/m² for comparable properties
Rent covers ~ 65% of the payment
~ 1,121 €/mo rent · you top up ~ 609 €/mo
median 1,785 €/m² for comparable properties
Rent covers ~ 101% of the payment
~ 1,121 €/mo rent · pays for itself in ~ 19 yrs