median 1,897 €/m² for comparable properties
Rent covers ~ 58% of the payment
~ 567 €/mo rent · you top up ~ 409 €/mo
AT MARKET LEVEL
fairly priced
against the median for 2-room apartments in Cveten Kvartal (81 properties)
Fair investment rating
The rent covers 91% of the payment — you top up about 50 €/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.
This apartment is priced at the typical price (the median) for 2-room apartments in Cveten Kvartal (81 properties) — 1,998 €/m² against 1,967 €/m².
The offered property is a two-room apartment in Varna city, Tsveten kvartal district. The apartment has a floor area of 60 sq m and includes an adjacent basement of 4 sq m. The layout features a spacious living room with a kitchen area and access to a large terrace, a walk-through bedroom with a small terrace, and a combined bathroom. The apartment is located on the second floor of a five-storey brick building, built in 2010. The building is of quality construction and provides the necessary amenities. The location is convenient, close to main roads, public buildings, kindergartens, schools, and hypermarkets. The property is suitable for personal use or investment, requiring refreshing and furnishing according to personal taste.
With 20% down over 20 years the monthly mortgage payment is about 532 €, against an expected local rent of 482 €. The rent covers 91% of it.
Source: Market statistics for 2-room apartments in Cveten Kvartal
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,897 €/m² for comparable properties
Rent covers ~ 58% of the payment
~ 567 €/mo rent · you top up ~ 409 €/mo
median 1,897 €/m² for comparable properties
Rent covers ~ 58% of the payment
~ 567 €/mo rent · you top up ~ 417 €/mo
median 1,967 €/m² for comparable properties
Rent covers ~ 60% of the payment
~ 482 €/mo rent · you top up ~ 324 €/mo
median 1,914 €/m² for comparable properties
Rent covers ~ 85% of the payment
~ 506 €/mo rent · you top up ~ 90 €/mo
median 1,897 €/m² for comparable properties
Rent covers ~ 67% of the payment
~ 567 €/mo rent · you top up ~ 285 €/mo
median 1,967 €/m² for comparable properties
Rent covers ~ 99% of the payment
~ 482 €/mo rent · you top up ~ 6 €/mo
median 1,967 €/m² for comparable properties
Rent covers ~ 123% of the payment
~ 482 €/mo rent · pays for itself in ~ 15 yrs
median 1,971 €/m² for comparable properties
Rent covers ~ 52% of the payment
~ 692 €/mo rent · you top up ~ 639 €/mo