Sale

House in Veliko Tyrnovo, Varusha

Veliko TyrnovoVarusha
Published: 8 February 2024 Updated: 8 February 2024
Sale30,000 €166 €/m²
Expected rent960 € /mo

~139,500 € BELOW MARKET

far below market

against the median for houses in Varusha (31 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
180 m²
Construction
Wooden Frame

Yield analysis

Strong investment rating

38.4% / yr
Monthly payment133 €20% down payment · 20 yrs · 3%
Expected rent960 €at market conditions for the neighbourhood

The rent covers 721% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 3 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 139,500 € below the typical price (the median) for houses in Varusha (31 properties) — 166 €/m² against 943 €/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 133 €, against an expected local rent of 960 €. The rent covers the whole payment (721%).

Source: Market statistics for houses in Varusha

Details

Category
Residential

Location

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