+39% above market
median 1,082 €/m² for comparable properties
75,000 € 1,500 €/m²
Rent covers ~ 100% of the payment
~ 334 €/mo rent · pays for itself in ~ 19 yrs
Sale58,990 €1,404 €/m²
Expected rent334 € /mo
~13,500 € ABOVE MARKET
overpriced
against the median for apartments in Byala (420 properties)
Area
42 m²
Floor
3 / 6
Construction
Brick
Year
2013
Yield analysis
Good investment rating
Monthly payment262 €20% down payment · 20 yrs · 3%
Expected rent334 €at market conditions for the neighbourhood
The rent covers 128% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Property analysis
This apartment is priced about 13,500 € above the typical price (the median) for apartments in Byala (420 properties) — 1,404 €/m² against 1,082 €/m².
One-room apartment in Byala, Varna region, located on the third floor of a six-storey building. The property has an area of 42 sq m and offers panoramic views of the sea and the town.
The layout includes an entrance hall, living room with sleeping area, kitchenette, and bathroom with toilet, as well as a terrace with southeast aspect. The apartment is functional and suitable for year-round living or as a holiday property.
The building is brick from 2013, equipped with an elevator and offers amenities such as parking, video surveillance, and access control. The property is renovated and ready for use, with all necessary documents available for registration and financing.
The location is a quiet area about 450 meters from the beach and close to the town centre, providing convenient access to shops and services. The complex features an outdoor pool and barbecue area for owners.
This property is suitable both for personal use and for rental during the summer season, combining comfort and a good seaside location.
With 20% down over 20 years the monthly mortgage payment is about 262 €, against an expected local rent of 334 €. The rent covers the whole payment (128%).
Pros and cons
AI summaryPros
- panoramic view
- southeast aspect
- elevator in building
- parking in complex
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- one-room 42 sq m
Amenities
- Elevator
- With Parking
- Internet Connection
- Video Surveillance
- Access Control
- Security
- Renovated
- Gated Community
Details
- Category
- Residential
- Rooms
- 1
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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