−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
Sale159,999 €1,839 €/m²
Expected rent727 € /mo
~45,500 € BELOW MARKET
good value
against the median for 2-room apartments in Briz (244 properties)
Area
87 m²
Floor
0 / 5
Construction
Brick
Year
2024
Yield analysis
Fair investment rating
Monthly payment710 €20% down payment · 20 yrs · 3%
Expected rent727 €at market conditions for the neighbourhood
The rent covers 102% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 18 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 45,500 € below the typical price (the median) for 2-room apartments in Briz (244 properties) — 1,839 €/m² against 2,364 €/m².
Two-room apartment on the ground floor in the Briz district, Varna.
The layout includes a corridor, bathroom with toilet, living area with kitchen, two bedrooms, terrace, and a basement room. The property has an adjacent 60 sq m garden.
The building is new-build from 2024, constructed with brick materials and offers an elevator and parking. The insulation is of high quality, and access is controlled.
The location is well connected, close to public transport stops, shops, a medical center, and restaurants, with easy access to the center of Varna.
The property is suitable for families seeking convenience and functionality in a well-organized environment.
With 20% down over 20 years the monthly mortgage payment is about 710 €, against an expected local rent of 727 €. The rent covers the whole payment (102%).
Pros and cons
AI summaryPros
- 60 sq m garden
- new-build
- quality materials
- controlled access
Cons
- ground floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 22% below the average for comparable properties.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 269 days.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- corridor
- bathroom
- living area
- terrace
- bedroom
- bedroom
Amenities
- Elevator
- With Parking
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
+22% above market
median 2,364 €/m² for comparable properties
172,900 € 2,881 €/m²
Rent covers ~ 95% of the payment
~ 727 €/mo rent · you top up ~ 40 €/mo
−12% below market
median 2,364 €/m² for comparable properties
124,999 € 2,118 €/m²
Rent covers ~ 131% of the payment
~ 727 €/mo rent · pays for itself in ~ 14 yrs
+20% above market
median 2,325 €/m² for comparable properties
335,000 € 2,791 €/m²
Rent covers ~ 65% of the payment
~ 964 €/mo rent · you top up ~ 522 €/mo
+20% above market
median 2,325 €/m² for comparable properties
320,000 € 2,782 €/m²
Rent covers ~ 68% of the payment
~ 964 €/mo rent · you top up ~ 456 €/mo
−23% below market
median 2,325 €/m² for comparable properties
212,000 € 1,781 €/m²
Rent covers ~ 102% of the payment
~ 964 €/mo rent · pays for itself in ~ 18 yrs
At market level
median 2,364 €/m² for comparable properties
178,800 € 2,292 €/m²
Rent covers ~ 92% of the payment
~ 727 €/mo rent · you top up ~ 66 €/mo
+45% above market
median 2,325 €/m² for comparable properties
270,000 € 3,375 €/m²
Rent covers ~ 80% of the payment
~ 964 €/mo rent · you top up ~ 234 €/mo