median 2,855 €/m² for comparable properties
Rent covers ~ 86% of the payment
~ 458 €/mo rent · you top up ~ 74 €/mo
~29,500 € BELOW MARKET
good value
against the median for 2-room apartments in Avtogara (21 properties)
Fair investment rating
The rent covers 104% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 18 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 29,500 € below the typical price (the median) for 2-room apartments in Avtogara (21 properties) — 2,197 €/m² against 2,855 €/m².
Two-room apartment with an area of 45 sq m, located in the city of Varna, Avtogara district. The property is on the 5th floor of a total of 8 in a building with an elevator, built in 1980 from brick. The layout includes a living room with kitchenette, bedroom, bathroom with toilet, and a basement, with the apartment being fully internal and having a south aspect. The building is brick and maintained, but the property needs renovation. The area around Mall Varna offers amenities and access to city infrastructure. The property is suitable both for personal use and as an investment for rental purposes.
With 20% down over 20 years the monthly mortgage payment is about 439 €, against an expected local rent of 458 €. The rent covers the whole payment (104%).
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 23% below the average for comparable properties.
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.
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 2,855 €/m² for comparable properties
Rent covers ~ 86% of the payment
~ 458 €/mo rent · you top up ~ 74 €/mo
median 2,855 €/m² for comparable properties
Rent covers ~ 98% of the payment
~ 458 €/mo rent · you top up ~ 8 €/mo
median 1,658 €/m² for comparable properties
Rent covers ~ 101% of the payment
~ 517 €/mo rent · pays for itself in ~ 19 yrs
median 2,786 €/m² for comparable properties
Rent covers ~ 118% of the payment
~ 504 €/mo rent · pays for itself in ~ 16 yrs
median 2,855 €/m² for comparable properties
Rent covers ~ 95% of the payment
~ 458 €/mo rent · you top up ~ 23 €/mo
median 2,713 €/m² for comparable properties
Rent covers ~ 76% of the payment
~ 504 €/mo rent · you top up ~ 162 €/mo
median 2,713 €/m² for comparable properties
Rent covers ~ 66% of the payment
~ 504 €/mo rent · you top up ~ 257 €/mo
median 2,786 €/m² for comparable properties
Rent covers ~ 65% of the payment
~ 504 €/mo rent · you top up ~ 272 €/mo