−10% below market
median 2,246 €/m² for comparable properties
130,000 € 2,031 €/m²
Rent covers ~ 67% of the payment
~ 389 €/mo rent · you top up ~ 188 €/mo
Sale77,700 €2,285 €/m²
Expected rent389 € /mo
AT MARKET LEVEL
fairly priced
against the median for 1-room apartments in Briz (14 properties)
Area
34 m²
Floor
2 / 6
Construction
Brick
Year
2000
Yield analysis
Good investment rating
Monthly payment345 €20% down payment · 20 yrs · 3%
Expected rent389 €at market conditions for the neighbourhood
The rent covers 113% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
1 change since listing▲ 0.3% · 200 €
- 77,500 €
- 77,700 €▲ 200 € (0.3%)
Property analysis
This apartment is priced at the typical price (the median) for 1-room apartments in Briz (14 properties) — 2,285 €/m² against 2,246 €/m².
Studio apartment with an area of 34 sq m, located on the 2nd floor in a building with an elevator in the Briz district, Varna.
The layout includes a living room with designated kitchen and sleeping areas, a combined bathroom, and a terrace.
The building is brick, built in 2000, with maintained common areas and an available elevator. The apartment has a south aspect, providing good natural light.
The area offers convenient access to the city centre, Sea Garden, universities, and public transport.
The property is suitable for personal use or as an investment for rental purposes, offering a balanced combination of functionality and location.
With 20% down over 20 years the monthly mortgage payment is about 345 €, against an expected local rent of 389 €. The rent covers the whole payment (113%).
The asking price has risen by 200 € (0.3%) since it was first listed.
Pros and cons
AI summaryPros
- south aspect
- elevator
- terrace
- good location
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living room
- kitchen area
- sleeping area
- terrace
Amenities
- Elevator
- Access Control
- Renovated
Exposure
AI summarySSouth
Maximum sunlight throughout the day
Details
- Category
- Residential
- Rooms
- 1
- Bathrooms
- 1
- Furnishing
- Yes
Location
Similar properties nearby
At market level
median 2,364 €/m² for comparable properties
159,000 € 2,373 €/m²
Rent covers ~ 103% of the payment
~ 726 €/mo rent · pays for itself in ~ 18 yrs
−18% below market
median 2,325 €/m² for comparable properties
203,400 € 1,918 €/m²
Rent covers ~ 107% of the payment
~ 967 €/mo rent · pays for itself in ~ 18 yrs
−24% below market
median 2,325 €/m² for comparable properties
219,900 € 1,773 €/m²
Rent covers ~ 99% of the payment
~ 967 €/mo rent · you top up ~ 9 €/mo
+22% above market
median 2,364 €/m² for comparable properties
172,900 € 2,881 €/m²
Rent covers ~ 95% of the payment
~ 726 €/mo rent · you top up ~ 41 €/mo
−12% below market
median 2,364 €/m² for comparable properties
124,999 € 2,118 €/m²
Rent covers ~ 131% of the payment
~ 726 €/mo rent · pays for itself in ~ 14 yrs
+19% above market
median 2,364 €/m² for comparable properties
175,000 € 2,822 €/m²
Rent covers ~ 94% of the payment
~ 726 €/mo rent · you top up ~ 50 €/mo
+28% above market
median 2,364 €/m² for comparable properties
185,000 € 3,032 €/m²
Rent covers ~ 88% of the payment
~ 726 €/mo rent · you top up ~ 95 €/mo