At market level
median 1,972 €/m² for comparable properties
176,000 € 2,000 €/m²
Rent covers ~ 70% of the payment
~ 550 €/mo rent · you top up ~ 231 €/mo
Sale248,900 €3,555 €/m²
Expected rent496 € /mo
~76,500 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Bazar Levski (24 properties)
Area
70 m²
Floor
5 / 6
Construction
Brick
Year
2009
Yield analysis
Low investment rating
Monthly payment1,104 €20% down payment · 20 yrs · 3%
Expected rent496 €at market conditions for the neighbourhood
The rent covers 45% of the payment — you top up about 608 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 42 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
1 change since listing▼ 0% · 100 €
- 249,000 €
- 248,900 €▼ 100 € (0%)
Property analysis
This apartment is priced about 76,500 € above the typical price (the median) for 2-room apartments in Bazar Levski (24 properties) — 3,555 €/m² against 2,461 €/m².
The apartment is located in the city of Varna, in the Bazar Levski area, near Maichin Dom.
The layout includes a corridor, living room with kitchen-dining area, bedroom, bathroom with toilet, and terrace, providing convenient functionality.
The building is brick from 2009, with an elevator and controlled access; heating is local gas-fired central heating with additional air conditioners in all rooms.
The location offers easy access to public transport, commercial outlets, kindergarten, school, and the Sea Garden.
The property is suitable for living in an urban environment with good infrastructure and amenities.
With 20% down over 20 years the monthly mortgage payment is about 1,104 €, against an expected local rent of 496 €. The rent covers 45% of it.
The asking price has fallen by 100 € (0%) since it was first listed.
Source: Market statistics for 2-room apartments in Bazar Levski
Pros and cons
AI summaryPros
- functional layout
- elevator
- local central heating
- close to public transport
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 269 days.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- corridor
- living room with kitchen-dining area
- bedroom
- bathroom with toilet
- terrace
Amenities
- Elevator
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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