−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
Sale189,000 €2,032 €/m²
Expected rent727 € /mo
~31,000 € BELOW MARKET
good value
against the median for 2-room apartments in Briz (244 properties)
Area
93 m²
Floor
3 / 6
Construction
Brick
Year
2006
Yield analysis
Fair investment rating
Monthly payment839 €20% down payment · 20 yrs · 3%
Expected rent727 €at market conditions for the neighbourhood
The rent covers 87% of the payment — you top up about 112 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 22 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 31,000 € below the typical price (the median) for 2-room apartments in Briz (244 properties) — 2,032 €/m² against 2,364 €/m².
2-room apartment in the Briz district, Varna, located on the third floor of a six-storey brick building from 2006.
The layout includes a living area with kitchenette, a large bedroom of about 30 sq m, bathroom with toilet, and a spacious corridor, allowing conversion into a three-room apartment.
The building is brick, built in 2006, with no information on additional amenities or renovations.
The location offers a sea view and is situated in a well-developed area with access to urban infrastructure.
The property is suitable for those seeking a spacious apartment with the possibility to adapt it according to their needs in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 839 €, against an expected local rent of 727 €. The rent covers 87% of it.
Pros and cons
AI summaryPros
- spacious apartment
- sea view
- brick construction
- conversion potential
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.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 14% below the average for comparable properties.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 270 days.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living area
- bedroom 30 sq m
- corridor
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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