median 2,867 €/m² for comparable properties
Rent covers ~ 52% of the payment
~ 812 €/mo rent · you top up ~ 741 €/mo
~87,500 € BELOW MARKET
good value
against the median for apartments in Sv.Sv. Konstantin I Elena (488 properties)
Good investment rating
The rent covers 117% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 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 87,500 € below the typical price (the median) for apartments in Sv.Sv. Konstantin I Elena (488 properties) — 1,775 €/m² against 2,867 €/m².
Apartment with two rooms, located on the ground floor in the Katerina 2 complex, resort complex Sv.Sv. Konstantin and Elena, near Varna.
Layout includes a spacious living room with kitchenette, bedroom, terrace with additional room, and bathroom with toilet, providing functionality and convenience.
The building is brick from 2013, with an elevator and well-maintained common areas, including a pool; the property has internet, video surveillance, and access control.
The location offers quietness, greenery, and quick access to the beach and Varna city, combining tranquility and amenities of a gated complex.
The property is suitable both for year-round living and as a holiday home or investment with rental potential.
With 20% down over 20 years the monthly mortgage payment is about 630 €, against an expected local rent of 738 €. The rent covers the whole payment (117%).
The asking price has fallen by 13,000 € (8.4%) since it was first listed.
Source: Market statistics for apartments in Sv.Sv. Konstantin I Elena
Derived from this specific property's data — not a generic checklist. Take them with you.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 38% below the average for comparable properties.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 185 days.
Is there still room to negotiate?
Because: The price has been cut once, by about 8%.
Is there enough daylight during the day?
Because: The advertised exposure has no southern side.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Afternoon and evening sun
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