median 1,499 €/m² for comparable properties
Rent covers ~ 107% of the payment
~ 410 €/mo rent · pays for itself in ~ 17 yrs
~23,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Vladislav Varnenchik 1 (337 properties)
Fair investment rating
The rent covers 97% of the payment — you top up about 11 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 19 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 23,000 € above the typical price (the median) for 2-room apartments in Vladislav Varnenchik 1 (337 properties) — 1,979 €/m² against 1,499 €/m².
The offered property is a two-room apartment with an area of 46 sq m, located in the Vladislavovo district, Varna city. It is situated on the third floor of a six-storey building, in a quiet and well-maintained residential environment.
The apartment features a corridor, a bright living area with kitchenette, a separate bedroom, a bathroom with toilet, and a terrace. The layout is practical and functional, suitable for an individual or a couple.
The apartment is fully furnished and equipped with necessary furniture and appliances, including an air conditioner for heating and cooling, providing comfort throughout the year.
The location is well connected with good infrastructure, close to shops, supermarkets, public transport, educational institutions, and recreational areas. The area is preferred for its tranquility and conveniences it offers.
The property is a suitable choice for those seeking comfortable and move-in ready housing in a convenient urban area.
With 20% down over 20 years the monthly mortgage payment is about 421 €, against an expected local rent of 410 €. The rent covers 97% of it.
The asking price has fallen by 10,000 € (9.5%) since it was first listed.
Source: Market statistics for 2-room apartments in Vladislav Varnenchik 1
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.
Is there still room to negotiate, and why has it not sold yet?
Because: The price has been cut 2 times — about 10% below the original asking price.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 273 days.
What is the scope of the work, and are there hidden problems with the wiring or plumbing?
Because: The listing states that the property needs renovation.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 years old.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Maximum sunlight throughout the day
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,499 €/m² for comparable properties
Rent covers ~ 107% of the payment
~ 410 €/mo rent · pays for itself in ~ 17 yrs
median 1,463 €/m² for comparable properties
Rent covers ~ 78% of the payment
~ 500 €/mo rent · you top up ~ 143 €/mo
median 1,499 €/m² for comparable properties
Rent covers ~ 107% of the payment
~ 410 €/mo rent · pays for itself in ~ 17 yrs
median 1,463 €/m² for comparable properties
Rent covers ~ 87% of the payment
~ 500 €/mo rent · you top up ~ 76 €/mo
median 1,499 €/m² for comparable properties
Rent covers ~ 118% of the payment
~ 410 €/mo rent · pays for itself in ~ 16 yrs
median 1,499 €/m² for comparable properties
Rent covers ~ 104% of the payment
~ 410 €/mo rent · pays for itself in ~ 18 yrs
median 1,463 €/m² for comparable properties
Rent covers ~ 87% of the payment
~ 500 €/mo rent · you top up ~ 77 €/mo
median 1,499 €/m² for comparable properties
Rent covers ~ 97% of the payment
~ 410 €/mo rent · you top up ~ 11 €/mo