median 2,866 €/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 (489 properties)
Fair investment rating
The rent covers 88% of the payment — you top up about 105 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 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 (489 properties) — 2,714 €/m² against 2,866 €/m².
2-room apartment in the city of Varna, resort of Sv.Sv. Konstantin and Elena, located on the third floor of a six-storey building.
Layout includes a living room with kitchenette, bedroom, terrace, and utility room, providing functional use of the space.
The building was constructed in 2022 with brick construction and features an elevator, parking, internet, and access control.
The location is close to the sea and offers developed infrastructure with shops and restaurants nearby.
The property is suitable for use as a residence or holiday home, combining convenience and proximity to nature.
With 20% down over 20 years the monthly mortgage payment is about 843 €, against an expected local rent of 738 €. The rent covers 88% of it.
Source: Market statistics for apartments in Sv.Sv. Konstantin I Elena
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median 2,866 €/m² for comparable properties
Rent covers ~ 52% of the payment
~ 812 €/mo rent · you top up ~ 741 €/mo
median 2,866 €/m² for comparable properties
Rent covers ~ 67% of the payment
~ 738 €/mo rent · you top up ~ 369 €/mo
median 2,866 €/m² for comparable properties
Rent covers ~ 143% of the payment
~ 1,329 €/mo rent · pays for itself in ~ 13 yrs
median 2,866 €/m² for comparable properties
Rent covers ~ 52% of the payment
~ 738 €/mo rent · you top up ~ 682 €/mo
median 2,866 €/m² for comparable properties
Rent covers ~ 84% of the payment
~ 738 €/mo rent · you top up ~ 140 €/mo
median 2,866 €/m² for comparable properties
Rent covers ~ 117% of the payment
~ 416 €/mo rent · pays for itself in ~ 16 yrs
median 2,866 €/m² for comparable properties
Rent covers ~ 100% of the payment
~ 1,329 €/mo rent · pays for itself in ~ 19 yrs
median 2,866 €/m² for comparable properties
Rent covers ~ 105% of the payment
~ 1,329 €/mo rent · pays for itself in ~ 18 yrs