+43% above market
median 2,500 €/m² for comparable properties
412,000 € 3,582 €/m²
Rent covers ~ 55% of the payment
~ 1,001 €/mo rent · you top up ~ 827 €/mo
Sale65,000 €3,250 €/m²
Expected rent416 € /mo
AT MARKET LEVEL
fairly priced
against the median for 1-room apartments in Centyr (24 properties)
Area
20 m²
Floor
0 / 6
Construction
Brick
Year
2014
Yield analysis
Good investment rating
Monthly payment288 €20% down payment · 20 yrs · 3%
Expected rent416 €at market conditions for the neighbourhood
The rent covers 144% 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.
Property analysis
This apartment is priced at the typical price (the median) for 1-room apartments in Centyr (24 properties) — 3,250 €/m² against 3,000 €/m².
One-room apartment in the city of Varna, located in the central part of the city. The property is on the ground floor of a brick building from 2014 with a total of 6 floors.
The layout includes one main room, kitchen, and bathroom with toilet, providing compact and functional use of space.
The building is brick, equipped with air conditioning, water meter, and electricity meter, ensuring basic amenities and maintenance.
The location is convenient, with direct access to a quiet street and close to public transport, shops, and administrative services.
The property is suitable for residential use, business, or rental, offering convenience and easy access to the central part of Varna.
With 20% down over 20 years the monthly mortgage payment is about 288 €, against an expected local rent of 416 €. The rent covers the whole payment (144%).
Pros and cons
AI summaryPros
- functional layout
- new-build
- close to public transport
Cons
- ground floor
Layout
- room 17.12 sq m
- kitchen
- bathroom
Amenities
- Elevator
Details
- Category
- Residential
- Rooms
- 1
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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