Two-room apartment with southwest aspect in Briz, Varna

This apartment is priced about 16,000 € below the typical price (the median) for 2-room apartments in Briz (244 properties) — 2,121 €/m² against 2,364 €/m².

The offered two-room apartment is located in a new brick building with an elevator in the area between the Briz and Vinitsa districts, Varna. The apartment, with an area of 66 sq m, features a functional layout – entrance hall, sunny living room with kitchen area, bedroom, balcony accessible from both rooms, and a sanitary unit of convenient size. The apartment is situated on the second floor of five, with a southwest aspect that provides good natural light and warmth. The property also includes a basement storage room of 3.5 sq m. The building has modern architecture, 99% completed, with high-quality window frames and an elevator. The location is convenient, close to the seaside and main boulevards offering quick access to the center of Varna. The property is suitable both for living and investment, with a parking space included in the price.

With 20% down over 20 years the monthly mortgage payment is about 621 €, against an expected local rent of 727 €. The rent covers the whole payment (117%).

Source: Market statistics for 2-room apartments in Briz