At market level
median 2,867 €/m² for comparable properties
180,000 €2,950 €/m²
Rent covers ~ 91% of the payment
~ 728 €/mo rent · you top up ~ 71 €/mo
Sale175,000 €2,272 €/m²
Expected rent1,329 € /mo
~46,000 € BELOW MARKET
good value
against the median for apartments in Sv.Sv. Konstantin I Elena (490 properties)
Area
77 m²
Floor
3 / 6
Construction
Brick
Year
2010
Yield analysis
Strong investment rating
Monthly payment776 €20% down payment · 20 yrs · 3%
Expected rent1,329 €at market conditions for the neighbourhood
The rent covers 171% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 11 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Property analysis
This apartment is priced about 46,000 € below the typical price (the median) for apartments in Sv.Sv. Konstantin I Elena (490 properties) — 2,272 €/m² against 2,867 €/m².
3-room apartment in a gated complex in k.k. Sv.Sv. Konstantin i Elena, Varna city.
The layout includes an entrance hall, bathroom with toilet, living room with kitchenette, bedroom and terrace accessible from both rooms, providing functional use of the space.
The building is brick from 2010, with an elevator and maintained common areas, including security, video surveillance and access control. The property is renovated and equipped with high-end furnishings.
The complex offers additional amenities such as a swimming pool, football pitch, children's playground and barbecue area, with free parking available within the complex.
Suitable for people seeking security and conveniences in a quiet environment close to the sea.
With 20% down over 20 years the monthly mortgage payment is about 776 €, against an expected local rent of 1,329 €. The rent covers the whole payment (171%).
Source: Average prices for apartments in Sv.Sv. Konstantin I Elena
Pros and cons
AI summaryPros
- gated complex
- elevator
- terrace
- furnished
Cons
- maintenance fee
Questions for the viewing
Only on imotesaDerived 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 21% 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.
Layout
- entrance hall
- bathroom
- living room
- bedroom
- terrace
Amenities
- Elevator
- With Parking
- Internet Connection
- Video Surveillance
- Access Control
- Security
- Renovated
- Gated Community
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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