median 2,246 €/m² for comparable properties
Rent covers ~ 67% of the payment
~ 389 €/mo rent · you top up ~ 188 €/mo
~14,500 € BELOW MARKET
good value
against the median for 2-room apartments in Briz (243 properties)
Good investment rating
The rent covers 131% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 14 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 14,500 € below the typical price (the median) for 2-room apartments in Briz (243 properties) — 2,118 €/m² against 2,364 €/m².
Two-room apartment with an area of 59 sq m, located in the Briz district of Varna. The property is part of a brick building, built in 2012, on the ground floor of a total of four.
With 20% down over 20 years the monthly mortgage payment is about 555 €, against an expected local rent of 726 €. The rent covers the whole payment (131%).
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 2,246 €/m² for comparable properties
Rent covers ~ 67% of the payment
~ 389 €/mo rent · you top up ~ 188 €/mo
median 2,364 €/m² for comparable properties
Rent covers ~ 103% of the payment
~ 726 €/mo rent · pays for itself in ~ 18 yrs
median 2,325 €/m² for comparable properties
Rent covers ~ 107% of the payment
~ 967 €/mo rent · pays for itself in ~ 18 yrs
median 2,325 €/m² for comparable properties
Rent covers ~ 99% of the payment
~ 967 €/mo rent · you top up ~ 9 €/mo
median 2,364 €/m² for comparable properties
Rent covers ~ 95% of the payment
~ 726 €/mo rent · you top up ~ 41 €/mo
median 2,364 €/m² for comparable properties
Rent covers ~ 131% of the payment
~ 726 €/mo rent · pays for itself in ~ 14 yrs
median 2,364 €/m² for comparable properties
Rent covers ~ 94% of the payment
~ 726 €/mo rent · you top up ~ 50 €/mo
median 2,364 €/m² for comparable properties
Rent covers ~ 88% of the payment
~ 726 €/mo rent · you top up ~ 95 €/mo