median 1,878 €/m² for comparable properties
Rent covers ~ 112% of the payment
~ 597 €/mo rent · pays for itself in ~ 17 yrs
~8,500 € ABOVE MARKET
above market
against the median for 1-room apartments in Pogrebi (22 properties)
Good investment rating
The rent covers 119% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 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 8,500 € above the typical price (the median) for 1-room apartments in Pogrebi (22 properties) — 2,000 €/m² against 1,714 €/m².
Apartment with an area of 30 sq m, located on the ground floor in the Pogrebi district, city of Varna.
The layout includes one large room with a sleeping area and a bathroom with toilet, suitable for one person or a couple.
The building is brick, built in 2010, and the property is renovated and maintained, with utilities for electricity and water supplied.
The location offers tranquility and convenient access to essential services in the district.
Suitable for use as a residence or office with the possibility of a separate entrance and security.
With 20% down over 20 years the monthly mortgage payment is about 266 €, against an expected local rent of 317 €. The rent covers the whole payment (119%).
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,878 €/m² for comparable properties
Rent covers ~ 112% of the payment
~ 597 €/mo rent · pays for itself in ~ 17 yrs
median 1,800 €/m² for comparable properties
Rent covers ~ 83% of the payment
~ 470 €/mo rent · you top up ~ 93 €/mo
median 1,878 €/m² for comparable properties
Rent covers ~ 93% of the payment
~ 597 €/mo rent · you top up ~ 42 €/mo
median 1,800 €/m² for comparable properties
Rent covers ~ 64% of the payment
~ 470 €/mo rent · you top up ~ 262 €/mo
median 1,774 €/m² for comparable properties
Rent covers ~ 120% of the payment
~ 512 €/mo rent · pays for itself in ~ 16 yrs
median 1,878 €/m² for comparable properties
Rent covers ~ 67% of the payment
~ 597 €/mo rent · you top up ~ 290 €/mo
median 1,878 €/m² for comparable properties
Rent covers ~ 96% of the payment
~ 597 €/mo rent · you top up ~ 24 €/mo
median 1,878 €/m² for comparable properties
Rent covers ~ 85% of the payment
~ 597 €/mo rent · you top up ~ 108 €/mo