+27% above market
median 2,352 €/m² for comparable properties
119,900 € 2,997 €/m²
Rent covers ~ 98% of the payment
~ 522 €/mo rent · you top up ~ 10 €/mo
Sale167,000 €2,693 €/m²
Expected rent522 € /mo
~21,000 € ABOVE MARKET
above market
against the median for 2-room apartments in Grand Mol (67 properties)
Area
62 m²
Floor
9 / 14
Construction
Brick
Year
2023
Yield analysis
Low investment rating
Monthly payment741 €20% down payment · 20 yrs · 3%
Expected rent522 €at market conditions for the neighbourhood
The rent covers 70% of the payment — you top up about 219 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 27 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 21,000 € above the typical price (the median) for 2-room apartments in Grand Mol (67 properties) — 2,693 €/m² against 2,352 €/m².
Two-room apartment in Varna city, Grand Mall district. The property is part of the Family Garden complex, built in 2023.
The layout includes an entrance hall, storage room, bathroom with toilet, living room with kitchenette, bedroom and two terraces, providing convenient functionality and additional space.
The building is brick, with an elevator and is on the 9th floor of 14, with a south aspect and offers a panoramic view.
The location is close to the Grand Mall shopping center and provides easy access to urban infrastructure and services.
The property is suitable for people looking for a home with amenities in the central part of Varna with a good balance between functionality and comfort.
With 20% down over 20 years the monthly mortgage payment is about 741 €, against an expected local rent of 522 €. The rent covers 70% of it.
Source: Market statistics for 2-room apartments in Grand Mol
Pros and cons
AI summaryPros
- south aspect
- two terraces
- panoramic view
- new-build
- elevator
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Layout
- entrance hall
- storage room
- bathroom
- living room
- bedroom
- terrace
- terrace
Amenities
- Elevator
Exposure
AI summarySSouth
Maximum sunlight throughout the day
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
−13% below market
median 2,352 €/m² for comparable properties
139,000 € 2,044 €/m²
Rent covers ~ 85% of the payment
~ 522 €/mo rent · you top up ~ 95 €/mo
At market level
median 2,381 €/m² for comparable properties
299,999 € 2,380 €/m²
Rent covers ~ 41% of the payment
~ 550 €/mo rent · you top up ~ 781 €/mo
At market level
median 2,381 €/m² for comparable properties
299,900 € 2,380 €/m²
Rent covers ~ 41% of the payment
~ 550 €/mo rent · you top up ~ 781 €/mo
At market level
median 2,381 €/m² for comparable properties
299,900 € 2,380 €/m²
Rent covers ~ 41% of the payment
~ 550 €/mo rent · you top up ~ 781 €/mo
−12% below market
median 2,352 €/m² for comparable properties
144,990 € 2,071 €/m²
Rent covers ~ 81% of the payment
~ 522 €/mo rent · you top up ~ 121 €/mo
+21% above market
median 2,352 €/m² for comparable properties
119,900 € 2,854 €/m²
Rent covers ~ 98% of the payment
~ 522 €/mo rent · you top up ~ 10 €/mo
+16% above market
median 2,083 €/m² for comparable properties
265,000 € 2,409 €/m²
Rent covers ~ 47% of the payment
~ 550 €/mo rent · you top up ~ 626 €/mo