median 1,980 €/m² for comparable properties
Rent covers ~ 68% of the payment
~ 633 €/mo rent · you top up ~ 299 €/mo
~34,500 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Biznes Hotel (10 properties)
Fair investment rating
The rent covers 89% of the payment — you top up about 76 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 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 34,500 € above the typical price (the median) for 2-room apartments in Biznes Hotel (10 properties) — 2,855 €/m² against 2,242 €/m².
The apartment is located in the city of Varna, in the Business Hotel area. It features two rooms and a total floor area of 56 sq m. The internal layout includes a bright living room with kitchenette, a separate bedroom, and a terrace. The property is on the second floor of four, with a southwest aspect providing good natural light. The building is brick, built in 2008, with renovated common areas and secured access control. The location is close to the central urban environment with convenient transport, shops, and green spaces. The property is suitable for those seeking a functional city home with balanced layout and amenities.
With 20% down over 20 years the monthly mortgage payment is about 709 €, against an expected local rent of 633 €. The rent covers 89% of it.
The asking price has fallen by 4,900 € (3%) since it was first listed.
Source: Market statistics for 2-room apartments in Biznes Hotel
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?
Because: The price has been cut once, by about 3%.
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 1,980 €/m² for comparable properties
Rent covers ~ 68% of the payment
~ 633 €/mo rent · you top up ~ 299 €/mo
median 2,242 €/m² for comparable properties
Rent covers ~ 103% of the payment
~ 633 €/mo rent · pays for itself in ~ 18 yrs
median 2,242 €/m² for comparable properties
Rent covers ~ 92% of the payment
~ 633 €/mo rent · you top up ~ 55 €/mo
median 2,242 €/m² for comparable properties
Rent covers ~ 96% of the payment
~ 633 €/mo rent · you top up ~ 28 €/mo
median 2,242 €/m² for comparable properties
Rent covers ~ 160% of the payment
~ 633 €/mo rent · pays for itself in ~ 12 yrs
median 1,980 €/m² for comparable properties
Rent covers ~ 57% of the payment
~ 633 €/mo rent · you top up ~ 476 €/mo
median 2,242 €/m² for comparable properties
Rent covers ~ 103% of the payment
~ 633 €/mo rent · pays for itself in ~ 18 yrs
median 1,980 €/m² for comparable properties
Rent covers ~ 72% of the payment
~ 633 €/mo rent · you top up ~ 245 €/mo