median 1,923 €/m² for comparable properties
Rent covers ~ 404% of the payment
~ 1,755 €/mo rent · pays for itself in ~ 5 yrs
~143,500 € 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.
Strong investment rating
The rent covers 273% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 7 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 143,500 € below the typical price (the median) for houses in Varna (1,034 properties) — 966 €/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.
The house is located in the Zvezditsa district, Varna, about 7 km from the city centre.
The layout includes a two-storey building with an internal staircase, a tavern with a fireplace and a kitchenette on the first floor, two rooms on the second floor, and additional spaces such as a cellar and two storage rooms.
The construction is solid with brick walls, there is electricity and water from a well with an installed hydrophore system. The property includes a garage with a pit and a sanitary unit.
The yard area is 600 sq m, fenced and with neighbours who live permanently in the area.
The property is suitable for people seeking tranquility close to nature with enough space for various needs.
With 20% down over 20 years the monthly mortgage payment is about 643 €, against an expected local rent of 1,755 €. The rent covers the whole payment (273%).
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,923 €/m² for comparable properties
Rent covers ~ 404% of the payment
~ 1,755 €/mo rent · pays for itself in ~ 5 yrs