−19% below market
median 2,415 €/m² for comparable properties
305,000 € 1,967 €/m²
Rent covers ~ 108% of the payment
~ 1,461 €/mo rent · pays for itself in ~ 17 yrs
Sale230,000 €3,538 €/m²
Expected rent730 € /mo
~76,500 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Briz (246 properties)
Area
65 m²
Floor
5 / 7
Construction
Brick
Year
2019
Yield analysis
Low investment rating
Monthly payment1,020 €20% down payment · 20 yrs · 3%
Expected rent730 €at market conditions for the neighbourhood
The rent covers 72% of the payment — you top up about 290 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 26 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 76,500 € above the typical price (the median) for 2-room apartments in Briz (246 properties) — 3,538 €/m² against 2,364 €/m².
2-room apartment in the Briz district, Varna, Obrushtacha area. The property has a floor area of 65 sq m and is located on the 5th floor of 7 in a brick building from 2019 with an elevator and access control.
The layout includes a spacious living area, cozy bedroom, and a wet room, with panoramic sea views from both main rooms.
The building is new, well maintained, and constructed with quality materials, equipped with all necessary amenities for comfortable living.
The location is in a preferred area with good infrastructure and close to central parts of the city, providing convenience for daily activities.
The property is suitable both for permanent residence and as an investment with rental potential.
With 20% down over 20 years the monthly mortgage payment is about 1,020 €, against an expected local rent of 730 €. The rent covers 72% of it.
Pros and cons
AI summaryPros
- panoramic sea view
- functional layout
- new-build
- elevator
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- living area
- bedroom
- wet room
Amenities
- Elevator
- Access Control
- Tax Credit Option
Details
- Category
- Residential
- Rooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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No yield data
Appears once there's enough market data
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