+56% above market
median 1,923 €/m² for comparable properties
450,000 € 3,000 €/m²
Rent covers ~ 88% of the payment
~ 1,758 €/mo rent · you top up ~ 239 €/mo
Sale275,000 €1,656 €/m²
Expected rent1,758 € /mo
~44,000 € BELOW MARKET
good value
against the median for houses in Varna (1,032 properties)
Area
166 m²
Land Area
202 m²
Construction
Brick
Year
1950
Yield analysis
Good investment rating
Monthly payment1,220 €20% down payment · 20 yrs · 3%
Expected rent1,758 €at market conditions for the neighbourhood
The rent covers 144% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 13 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 44,000 € below the typical price (the median) for houses in Varna (1,032 properties) — 1,656 €/m² against 1,923 €/m².
With 20% down over 20 years the monthly mortgage payment is about 1,220 €, against an expected local rent of 1,758 €. The rent covers the whole payment (144%).
Details
- Category
- Residential
- Bathrooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.