−35% below market
median 1,923 €/m² for comparable properties
311,000 € 1,259 €/m²
Rent covers ~ 127% of the payment
~ 1,755 €/mo rent · pays for itself in ~ 15 yrs
Sale360,000 €2,769 €/m²
Expected rent1,755 € /mo
~110,000 € ABOVE MARKET
overpriced
against the median for houses in Varna (1,034 properties)
Area
130 m²
Land Area
580 m²
Construction
Brick
Year
2010
Yield analysis
Fair investment rating
Monthly payment1,597 €20% down payment · 20 yrs · 3%
Expected rent1,755 €at market conditions for the neighbourhood
The rent covers 110% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
1 change since listing▲ 28.6% · 80,000 €
- 280,000 €
- 360,000 €▲ 80,000 € (28.6%)
Property analysis
This house is priced about 110,000 € above the typical price (the median) for houses in Varna (1,034 properties) — 2,769 €/m² against 1,923 €/m².
House with an area of 130 sq m in the district of Vazrazhdane 4, Varna city.
The layout includes two levels with a corridor, bathroom, storage room, bedroom, living room and kitchen on the first floor and two bedrooms with a shared bathroom and terrace on the second floor.
The building is brick from 2010, in good condition and partially renovated, equipped with necessary amenities.
Located in a quiet area with access to public transport and a main road, the yard of 580 sq m offers an outdoor kitchen for additional convenience.
Suitable for family use with a balanced combination of functionality and comfort.
With 20% down over 20 years the monthly mortgage payment is about 1,597 €, against an expected local rent of 1,755 €. The rent covers the whole payment (110%).
The asking price has risen by 80,000 € (28.6%) since it was first listed.
Pros and cons
AI summaryPros
- functional layout
- terrace with view
- yard with outdoor kitchen
- brick construction
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- corridor
- bathroom
- storage room
- bedroom
- living room
- kitchen
- living room
- kitchenette
- bedroom
- corridor
- bathroom
Amenities
- Renovated
Exposure
AI summarySSouth
Maximum sunlight throughout the day
NNorth
Even light, cooler during summer
Details
- Category
- Residential
- Bathrooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.