median 2,344 €/m² for comparable properties
Rent covers ~ 112% of the payment
~ 522 €/mo rent · pays for itself in ~ 17 yrs
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Grand Mol (57 properties)
Fair investment rating
The rent covers 87% of the payment — you top up about 80 €/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.
This apartment is priced at the typical price (the median) for 3-room apartments in Grand Mol (57 properties) — 2,366 €/m² against 2,381 €/m².
The offered property is a two-room apartment with an area of 60 sq m, located in Varna, in the Grand Mall area. The layout includes an entrance hall, kitchen, living room, bedroom, utility room, and a terrace accessible from all rooms. The apartment is on the 2nd floor of a 6-storey brick building with an elevator. The building was constructed in 1980 and has maintained common areas. The property is renovated and furnished, providing functionality and comfort. The location is convenient, with free parking available in front of and behind the building, close to a shopping center and urban infrastructure. This apartment is suitable for people seeking housing with a convenient location and practical layout in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 630 €, against an expected local rent of 550 €. The rent covers 87% of it.
The asking price has fallen by 4,000 € (2.7%) since it was first listed.
Source: Market statistics for 3-room apartments in Grand Mol
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Derived 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%.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 years old.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Maximum sunlight throughout the day
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 2,344 €/m² for comparable properties
Rent covers ~ 112% of the payment
~ 522 €/mo rent · pays for itself in ~ 17 yrs
median 2,344 €/m² for comparable properties
Rent covers ~ 98% of the payment
~ 522 €/mo rent · you top up ~ 10 €/mo
median 2,381 €/m² for comparable properties
Rent covers ~ 63% of the payment
~ 550 €/mo rent · you top up ~ 328 €/mo
median 2,344 €/m² for comparable properties
Rent covers ~ 85% of the payment
~ 522 €/mo rent · you top up ~ 95 €/mo
median 2,083 €/m² for comparable properties
Rent covers ~ 47% of the payment
~ 550 €/mo rent · you top up ~ 626 €/mo
median 2,381 €/m² for comparable properties
Rent covers ~ 41% of the payment
~ 550 €/mo rent · you top up ~ 781 €/mo
median 2,381 €/m² for comparable properties
Rent covers ~ 41% of the payment
~ 550 €/mo rent · you top up ~ 781 €/mo
median 2,381 €/m² for comparable properties
Rent covers ~ 41% of the payment
~ 550 €/mo rent · you top up ~ 781 €/mo