+15% above market
median 2,867 €/m² for comparable properties
350,000 € 3,301 €/m²
Rent covers ~ 52% of the payment
~ 812 €/mo rent · you top up ~ 741 €/mo
Sale235,000 €3,507 €/m²
Expected rent738 € /mo
~43,000 € ABOVE MARKET
overpriced
against the median for apartments in Sv.Sv. Konstantin I Elena (488 properties)
Area
67 m²
Floor
3 / 6
Construction
Brick
Year
2021
Yield analysis
Low investment rating
Monthly payment1,043 €20% down payment · 20 yrs · 3%
Expected rent738 €at market conditions for the neighbourhood
The rent covers 71% of the payment — you top up about 305 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 27 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 43,000 € above the typical price (the median) for apartments in Sv.Sv. Konstantin I Elena (488 properties) — 3,507 €/m² against 2,867 €/m².
Two-room apartment in the city of Varna, Sv. Sv. Konstantin i Elena resort, located in a gated complex with a pool.
The layout includes a spacious living room, bedroom, bathroom, and large storage room, providing convenience and functionality for everyday living.
The building was constructed in 2021 with brick construction, and the common areas are well maintained, indicating modern materials and upkeep.
The location is quiet and convenient, close to the sea, shops, and other amenities, contributing to comfort when using the property.
The property is suitable for people seeking a home with a balanced combination of functionality and proximity to nature and the sea.
With 20% down over 20 years the monthly mortgage payment is about 1,043 €, against an expected local rent of 738 €. The rent covers 71% of it.
Source: Market statistics for apartments in Sv.Sv. Konstantin I Elena
Pros and cons
AI summaryPros
- gated complex
- south aspect
- new building
- pool
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room
- bedroom
- bathroom
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 1
Location
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249,500 € 2,935 €/m²
Rent covers ~ 67% of the payment
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At market level
median 2,867 €/m² for comparable properties
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