median 1,878 €/m² for comparable properties
Rent covers ~ 112% of the payment
~ 597 €/mo rent · pays for itself in ~ 17 yrs
~35,500 € BELOW MARKET
good value
against the median for 1-room apartments in Pogrebi (22 properties)
Good investment rating
The rent covers 121% 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 35,500 € below the typical price (the median) for 1-room apartments in Pogrebi (22 properties) — 1,072 €/m² against 1,714 €/m².
The property is a space with workshop status in a new building from 2025 in the Pogrebi district of Varna. It has an area of 55 sq m and is located on a quiet street near Todor Vlaykov Blvd.
The layout is open-plan, with the possibility to convert into a compact one-room apartment or use as an office, studio, or medical practice. The space has natural light from an English courtyard, which is a rare advantage for this type of property.
The building is new-build with brick construction, and the property is finished turnkey with granite tiles on the floor and an equipped bathroom. There is no information about additional amenities or floor level.
The location is close to main city transport and amenities, providing easy access and potential for various activities.
The property is suitable for investors seeking flexible use and income potential with minimal additional expenses.
With 20% down over 20 years the monthly mortgage payment is about 262 €, against an expected local rent of 317 €. The rent covers the whole payment (121%).
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Derived 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 38% below the average for comparable properties.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2025.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
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