median 2,867 €/m² for comparable properties
Rent covers ~ 52% of the payment
~ 812 €/mo rent · you top up ~ 741 €/mo
AT MARKET LEVEL
fairly priced
against the median for apartments in Sv.Sv. Konstantin I Elena (488 properties)
Good investment rating
The rent covers 123% 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.
This apartment is priced at the typical price (the median) for apartments in Sv.Sv. Konstantin I Elena (488 properties) — 2,822 €/m² against 2,867 €/m².
Two-room apartment with an area of 48 sq m, located in the city of Varna, resort complex Sv.Sv. Konstantin and Elena. The property is situated on the second floor of four in a building from 2023.
The layout includes one bedroom and a living room with a kitchenette, with the apartment finished turnkey with a completed bathroom and toilet, providing functionality without the need for additional renovations.
The building is brick, equipped with an elevator, and part of a gated complex, which ensures a maintained environment and minimal maintenance fees.
The location combines tranquility with convenient access to the sea and the center of Varna, suitable both for permanent residence and investment.
The property offers a balanced combination of comfort and practicality in a modern residential environment.
With 20% down over 20 years the monthly mortgage payment is about 601 €, against an expected local rent of 738 €. The rent covers the whole payment (123%).
The asking price has fallen by 8,700 € (5.9%) since it was first listed.
Source: Market statistics for apartments in Sv.Sv. Konstantin I Elena
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Derived from this specific property's data — not a generic checklist. Take them with you.
Is there still room to negotiate, and why has it not sold yet?
Because: The price has been cut 2 times — about 6% below the original asking price.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 2,867 €/m² for comparable properties
Rent covers ~ 52% of the payment
~ 812 €/mo rent · you top up ~ 741 €/mo
median 2,867 €/m² for comparable properties
Rent covers ~ 67% of the payment
~ 738 €/mo rent · you top up ~ 369 €/mo
median 2,867 €/m² for comparable properties
Rent covers ~ 143% of the payment
~ 1,329 €/mo rent · pays for itself in ~ 13 yrs
median 2,867 €/m² for comparable properties
Rent covers ~ 52% of the payment
~ 738 €/mo rent · you top up ~ 682 €/mo
median 2,867 €/m² for comparable properties
Rent covers ~ 84% of the payment
~ 738 €/mo rent · you top up ~ 140 €/mo
median 2,867 €/m² for comparable properties
Rent covers ~ 117% of the payment
~ 416 €/mo rent · pays for itself in ~ 16 yrs
median 2,867 €/m² for comparable properties
Rent covers ~ 100% of the payment
~ 1,329 €/mo rent · pays for itself in ~ 19 yrs
median 2,867 €/m² for comparable properties
Rent covers ~ 105% of the payment
~ 1,329 €/mo rent · pays for itself in ~ 18 yrs