+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
Sale180,000 €2,727 €/m²
Expected rent730 € /mo
~24,000 € ABOVE MARKET
above market
against the median for 2-room apartments in Briz (245 properties)
Area
66 m²
Floor
3 / 5
Construction
Brick
Year
2010
Yield analysis
Fair investment rating
Monthly payment799 €20% down payment · 20 yrs · 3%
Expected rent730 €at market conditions for the neighbourhood
The rent covers 91% of the payment — you top up about 69 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
1 change since listing▼ 3.2% · 5,900 €
- 185,900 €
- 180,000 €▼ 5,900 € (3.2%)
Property analysis
This apartment is priced about 24,000 € above the typical price (the median) for 2-room apartments in Briz (245 properties) — 2,727 €/m² against 2,364 €/m².
The apartment is located in the Briz district, Varna city, and has an area of 66 sq m. The layout includes an entrance hall, living room with kitchenette, bedroom, bathroom with toilet, and a terrace overlooking landscaped areas. The property is situated on the 3rd floor of 5 in a brick building constructed in 2010 and features an elevator and access control. The building is maintained and has Act 16, and the property has ready documents for transaction. The location offers convenient access to a supermarket, pharmacy, polyclinic, bus stop, eateries, and the beach. The apartment is suitable both for living and investment due to its functional layout and the availability of a parking space.
With 20% down over 20 years the monthly mortgage payment is about 799 €, against an expected local rent of 730 €. The rent covers 91% of it.
The asking price has fallen by 5,900 € (3.2%) since it was first listed.
Pros and cons
AI summaryPros
- functional layout
- parking space
- elevator
- ready documents
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Is there still room to negotiate?
Because: The price has been cut once, by about 3%.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- entrance hall
- living room
- kitchenette
- bedroom
- bathroom
- toilet
- terrace
Amenities
- Elevator
- 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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