median 2,324 €/m² for comparable properties
Rent covers ~ 59% of the payment
~ 963 €/mo rent · you top up ~ 674 €/mo
~82,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Briz (245 properties)
Fair investment rating
The rent covers 75% of the payment — you top up about 241 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 25 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 82,000 € above the typical price (the median) for 2-room apartments in Briz (245 properties) — 3,650 €/m² against 2,364 €/m².
The offered property is a two-room apartment with an area of 58 sq m, located in the Briz district, Varna. This is one of the preferred and elite areas, close to the Sea Garden, beaches, and the city center.
The apartment consists of a spacious living room with kitchenette, a cozy bedroom with space for a wardrobe, a bathroom with toilet, and a terrace overlooking the inner courtyard. The layout is functional and provides comfortable daily living.
The building is part of a luxury gated complex with modern architecture, well-maintained green areas, video surveillance, 24-hour security, and controlled access. The property is new-build with Act 16 and is sold fully furnished.
The location offers a quiet and peaceful environment while being close to schools, kindergartens, and convenient infrastructure. This makes the property suitable both for personal use and as an investment with income potential.
With 20% down over 20 years the monthly mortgage payment is about 971 €, against an expected local rent of 730 €. The rent covers 75% of it.
This property is advertised in 17 offers. The gap between the cheapest and the dearest is 100 €. It has been listed for 360 days. The asking price has fallen by 90 € (0%) since it was first listed.
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.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 360 days.
Who am I negotiating with, and who is authorised to agree a price?
Because: The property appears in 17 listings at the same price.
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.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
median 2,324 €/m² for comparable properties
Rent covers ~ 59% of the payment
~ 963 €/mo rent · you top up ~ 674 €/mo
median 2,324 €/m² for comparable properties
Rent covers ~ 62% of the payment
~ 963 €/mo rent · you top up ~ 590 €/mo
median 2,364 €/m² for comparable properties
Rent covers ~ 110% of the payment
~ 730 €/mo rent · pays for itself in ~ 17 yrs
median 2,415 €/m² for comparable properties
Rent covers ~ 105% of the payment
~ 1,423 €/mo rent · pays for itself in ~ 18 yrs
median 2,324 €/m² for comparable properties
Rent covers ~ 68% of the payment
~ 963 €/mo rent · you top up ~ 452 €/mo
median 2,364 €/m² for comparable properties
Rent covers ~ 128% of the payment
~ 730 €/mo rent · pays for itself in ~ 15 yrs
median 2,364 €/m² for comparable properties
Rent covers ~ 132% of the payment
~ 730 €/mo rent · pays for itself in ~ 14 yrs
median 2,324 €/m² for comparable properties
Rent covers ~ 75% of the payment
~ 963 €/mo rent · you top up ~ 317 €/mo