median 2,865 €/m² for comparable properties
Rent covers ~ 106% of the payment
~ 1,401 €/mo rent · pays for itself in ~ 18 yrs
~68,500 € ABOVE MARKET
overpriced
against the median for apartments in Sv.Sv. Konstantin I Elena (484 properties)
Low investment rating
The rent covers 62% of the payment — you top up about 450 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 30 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 about 68,500 € above the typical price (the median) for apartments in Sv.Sv. Konstantin I Elena (484 properties) — 3,842 €/m² against 2,865 €/m².
2-room apartment in the city of Varna, Sv. Sv. Konstantin i Elena resort complex, part of a new residential complex.
The layout includes an entrance hall, living area with access to a terrace, bedroom also with access to the terrace, and a bathroom with toilet, providing convenience and functionality.
The building is new-build from 2024, constructed with brick materials, equipped with elevator, internet, video surveillance and access control.
The complex offers green areas, outdoor pools, spa center and parking spaces both underground and above ground, contributing to a comfortable lifestyle in the area.
The property is suitable for people seeking tranquility in a gated community near the sea with good amenities and modern infrastructure.
With 20% down over 20 years the monthly mortgage payment is about 1,193 €, against an expected local rent of 743 €. The rent covers 62% of it.
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.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 2,865 €/m² for comparable properties
Rent covers ~ 106% of the payment
~ 1,401 €/mo rent · pays for itself in ~ 18 yrs
median 2,865 €/m² for comparable properties
Rent covers ~ 46% of the payment
~ 427 €/mo rent · you top up ~ 491 €/mo
median 2,865 €/m² for comparable properties
Rent covers ~ 51% of the payment
~ 743 €/mo rent · you top up ~ 717 €/mo
median 2,865 €/m² for comparable properties
Rent covers ~ 126% of the payment
~ 1,401 €/mo rent · pays for itself in ~ 15 yrs
median 2,865 €/m² for comparable properties
Rent covers ~ 124% of the payment
~ 743 €/mo rent · pays for itself in ~ 15 yrs
median 2,865 €/m² for comparable properties
Rent covers ~ 76% of the payment
~ 743 €/mo rent · you top up ~ 233 €/mo
median 2,865 €/m² for comparable properties
Rent covers ~ 68% of the payment
~ 743 €/mo rent · you top up ~ 344 €/mo
median 2,865 €/m² for comparable properties
Rent covers ~ 88% of the payment
~ 1,401 €/mo rent · you top up ~ 196 €/mo