~24,500 € BELOW MARKET
good value
against the median for houses in Varna (1,032 properties)
Yield analysis
Strong investment rating
The rent covers 330% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 6 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▼ 20.1% · 30,100 €
- 150,000 €
- 119,900 €▼ 30,100 € (20.1%)
Property analysis
This house is priced about 24,500 € below the typical price (the median) for houses in Varna (1,032 properties) — 1,598 €/m² against 1,923 €/m².
House with an area of 75 sq m, located in the city of Varna, Zapadna Promishlena Zona. The property is on an independent plot facing a main street.
The layout includes an entrance hall, bathroom, toilet, large living room, kitchen, and two bedrooms, as well as utility rooms such as a storage room and workshop.
The building is semi-solid, built in 1980, with brick construction. There is no information about additional amenities.
The location is close to commercial outlets like Lidl and the residential complex Varna City Yug, in an area with residential and business buildings.
The property is suitable both for living and for business activities, thanks to its location and available utility rooms.
With 20% down over 20 years the monthly mortgage payment is about 532 €, against an expected local rent of 1,758 €. The rent covers the whole payment (330%).
The asking price has fallen by 30,100 € (20.1%) since it was first listed.
Pros and cons
AI summary- independent plot
- main street frontage
- utility rooms
- semi-solid construction
- no information on amenities
- older construction
Layout
- entrance hall
- bathroom
- toilet
- living room
- kitchen
- bedroom
- bedroom
Details
- Category
- Residential
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.