median 2,867 €/m² for comparable properties
Rent covers ~ 52% of the payment
~ 812 €/mo rent · you top up ~ 741 €/mo
~117,500 € BELOW MARKET
good value
against the median for apartments in Sv.Sv. Konstantin I Elena (488 properties)
Good investment rating
The rent covers 139% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 13 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 117,500 € below the typical price (the median) for apartments in Sv.Sv. Konstantin I Elena (488 properties) — 1,853 €/m² against 2,867 €/m².
Three-room apartment in the city of Varna, located in the resort complex Sv.Sv. Konstantin and Elena.
The layout includes an entrance hall, a large living room with a kitchen area, two large bedrooms, a bathroom and toilet, as well as two terraces.
The building was constructed in 2006 from brick, with an elevator and parking available, part of a gated complex with controlled access and security. The property has been renovated.
The location offers tranquility and amenities of a resort area, while being within accessible distance from the city of Varna.
Suitable for family use or as a holiday property with good functionality and comfort.
With 20% down over 20 years the monthly mortgage payment is about 954 €, against an expected local rent of 1,329 €. The rent covers the whole payment (139%).
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.
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 35% below the average for comparable properties.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
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