−24% below market
median 2,325 €/m² for comparable properties
219,900 € 1,773 €/m²
Rent covers ~ 99% of the payment
~ 964 €/mo rent · you top up ~ 12 €/mo
Sale210,000 €3,134 €/m²
Expected rent727 € /mo
~51,500 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Briz (244 properties)
Area
67 m²
Floor
11 / 13
Construction
Brick
Yield analysis
Fair investment rating
Monthly payment932 €20% down payment · 20 yrs · 3%
Expected rent727 €at market conditions for the neighbourhood
The rent covers 78% of the payment — you top up about 205 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 24 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 51,500 € above the typical price (the median) for 2-room apartments in Briz (244 properties) — 3,134 €/m² against 2,364 €/m².
2-room apartment in the Briz district, Varna city, located on the 11th floor of 13 in a brick building. The total area is 67 sq m, including a living area, bedroom, bathroom with toilet, and balcony.
With 20% down over 20 years the monthly mortgage payment is about 932 €, against an expected local rent of 727 €. The rent covers 78% of it.
Pros and cons
AI summaryPros
- functional layout
- balcony
- basement
- elevator
Cons
- in need of renovation
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
What is the scope of the work, and are there hidden problems with the wiring or plumbing?
Because: The listing states that the property needs renovation.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Amenities
- Elevator
- Video Surveillance
- Access Control
- Needs Renovation
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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At market level
median 2,364 €/m² for comparable properties
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