median 2,867 €/m² for comparable properties
Rent covers ~ 52% of the payment
~ 812 €/mo rent · you top up ~ 741 €/mo
~162,500 € ABOVE MARKET
overpriced
against the median for apartments in Sv.Sv. Konstantin I Elena (488 properties)
Low investment rating
The rent covers 63% of the payment — you top up about 778 €/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 162,500 € above the typical price (the median) for apartments in Sv.Sv. Konstantin I Elena (488 properties) — 4,357 €/m² against 2,867 €/m².
Three-room apartment in the city of Varna, Sv. Sv. Konstantin i Elena resort, part of a new building from 2024. It features a living room with kitchen (33 sq m), two bedrooms (14 sq m each) and a large terrace (59 sq m), providing convenient internal functionality. The apartment is on the second floor of a six-storey brick building, equipped with underfloor heating in the living area. The complex is gated and offers various amenities such as a spa center, gym, children's playground and underground parking with access control system. The location is close to main shops, pharmacies and eateries, facilitating everyday life. The property is suitable for those seeking comfortable living in a secure environment by the sea.
With 20% down over 20 years the monthly mortgage payment is about 2,107 €, against an expected local rent of 1,329 €. The rent covers 63% of it.
Source: Market statistics for apartments in Sv.Sv. Konstantin I Elena
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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