+27% above market
median 2,324 €/m² for comparable properties
369,000 € 2,952 €/m²
Rent covers ~ 59% of the payment
~ 963 €/mo rent · you top up ~ 674 €/mo
Sale218,990 €3,649 €/m²
Expected rent730 € /mo
~77,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Briz (245 properties)
Area
60 m²
Floor
3 / 6
Construction
Brick
Year
2024
Yield analysis
Fair investment rating
Monthly payment972 €20% down payment · 20 yrs · 3%
Expected rent730 €at market conditions for the neighbourhood
The rent covers 75% of the payment — you top up about 242 €/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.
Property analysis
This apartment is priced about 77,000 € above the typical price (the median) for 2-room apartments in Briz (245 properties) — 3,649 €/m² against 2,364 €/m².
Two-room apartment with an area of 60 sq m, located in the district of Briz, Varna. The property is on the third floor of a building with a total of six floors and an elevator.
The layout includes two rooms, one bedroom, a bathroom with toilet, and a balcony. The rooms are bright and functional, suitable for comfortable living.
The building is new-build from 2024, constructed with brick materials and offers amenities such as elevator, parking, and access control.
The Briz district is known for its quietness, greenery, and proximity to the sea and the Sea Garden, providing a peaceful urban environment.
The property is suitable for living or investment, combining conveniences and a good location.
With 20% down over 20 years the monthly mortgage payment is about 972 €, against an expected local rent of 730 €. The rent covers 75% of it.
Pros and cons
AI summaryPros
- functional layout
- new-build
- elevator
- parking
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- bedroom
- room
Amenities
- Elevator
- With Parking
- Access Control
- Renovated
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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