+11% над пазара
median 1,817 €/m² for comparable properties
117,000 € 2,017 €/m²
Rent covers ~ 97% of the payment
~ 501 €/mo rent · you top up ~ 18 €/mo
Sale72,900 €2,278 €/m²
Expected rent544 € /mo
~15,000 € ABOVE MARKET
overpriced
against the median for apartments in Pchelina (230 properties)
Area
32 m²
Floor
4 / 5
Construction
Brick
Year
2013
Yield analysis
Strong investment rating
Monthly payment323 €20% down payment · 20 yrs · 3%
Expected rent544 €at market conditions for the neighbourhood
The rent covers 168% 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 15,000 € above the typical price (the median) for apartments in Pchelina (230 properties) — 2,278 €/m² against 1,807 €/m².
One-room apartment in Varna city, m-t Pchelina, 28 Georgi Cherkelov St. The property has an area of 32 sq m and is located on the fourth floor of a five-storey building.
The layout is one-room, with studio status, which limits its functionality as a residence but allows for various uses.
The building is brick, built in 2013, equipped with an elevator and maintained common areas. The property is furnished and equipped, making it ready for use or rental.
The location in m-t Pchelina offers tranquility and less dense development but is within reach of Varna's central area and main amenities.
Suitable for single use or investment for rental purposes, combining compactness and conveniences in a quieter area.
With 20% down over 20 years the monthly mortgage payment is about 323 €, against an expected local rent of 544 €. The rent covers the whole payment (168%).
Pros and cons
AI summaryPros
- elevator
- new brick building
- furnished
- fourth floor
Cons
- one-room
- studio status
Layout
- едностаен 27квм
Amenities
- Elevator
Details
- Category
- Residential
- Rooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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