−28% below market
median 1,923 €/m² for comparable properties
175,000 € 1,388 €/m²
Rent covers ~ 226% of the payment
~ 1,755 €/mo rent · pays for itself in ~ 8 yrs
Sale175,000 €1,041 €/m²
Expected rent1,755 € /mo
~148,000 € BELOW MARKET
far below market
against the median for houses in Varna (1,034 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
168 m²
Land Area
175 m²
Construction
Modular Construction
Yield analysis
Strong investment rating
Monthly payment776 €20% down payment · 20 yrs · 3%
Expected rent1,755 €at market conditions for the neighbourhood
The rent covers 226% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 8 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 Varna (1,034 properties) — 1,041 €/m² against 1,923 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
With 20% down over 20 years the monthly mortgage payment is about 776 €, against an expected local rent of 1,755 €. The rent covers the whole payment (226%).
Details
- Category
- Residential
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.