+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
Sale360,000 €583 €/m²
Expected rent1,121 € /mo
~734,500 € 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.
Area
617 m²
Land Area
1,300 m²
Construction
Brick
Year
2020
Yield analysis
Low investment rating
Monthly payment1,597 €20% down payment · 20 yrs · 3%
Expected rent1,121 €at market conditions for the neighbourhood
The rent covers 70% of the payment — you top up about 476 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 27 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 734,500 € below the typical price (the median) for houses in Vinica (75 properties) — 583 €/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.
House with an area of 617 sq m, located in the district of Vinitsa, Varna. The property was built in 2020 and is situated on a plot of 1300 sq m.
The layout includes a ground floor with a garage for three cars, first floor with a large living room (80 sq m), bathroom and study, as well as a second floor with four bedrooms, three bathrooms and two panoramic terraces.
The construction is brick, the building is at Act 14 stage, connected to sewage and water supply. The height of the ground floor is 4 meters, allowing additional usage possibilities.
The location offers tranquility and a connection with nature, making the area suitable for both living and business.
The property is suitable for family residence with potential for business development within the residential building.
With 20% down over 20 years the monthly mortgage payment is about 1,597 €, against an expected local rent of 1,121 €. The rent covers 70% of it.
Pros and cons
AI summaryPros
- large yard
- garage for three cars
- panoramic terraces
- ground floor height 4 m
Cons
- Act 14 stage
- needs finishing works
Layout
- living room 80 sq m
- bathroom
- toilet
- study
- bedroom
- bedroom
- bedroom
- bedroom
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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