−24% below market
median 2,461 €/m² for comparable properties
119,000 € 1,919 €/m²
Rent covers ~ 94% of the payment
~ 495 €/mo rent · you top up ~ 33 €/mo
Sale119,000 €1,888 €/m²
Expected rent485 € /mo
~14,500 € ABOVE MARKET
above market
against the median for 2-room apartments in Izgrev (146 properties)
Area
63 m²
Floor
6 / 7
Construction
Brick
Year
2027
Yield analysis
Fair investment rating
Monthly payment528 €20% down payment · 20 yrs · 3%
Expected rent485 €at market conditions for the neighbourhood
The rent covers 92% of the payment — you top up about 43 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 20 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 14,500 € above the typical price (the median) for 2-room apartments in Izgrev (146 properties) — 1,888 €/m² against 1,662 €/m².
The offered two-room apartment is part of a new-build residential building expected to be completed in 2027 in the Izgrev district of Varna. Located on the 6th floor of 11, the property includes a living room with kitchenette, bedroom, bathroom, storage room, corridor, and loggia, offering a sea view. The building is constructed with brick, combining modern design and energy efficiency. The location provides convenient access to public transport, shops, and main boulevards. There is an option to purchase an underground or open parking space. The developer has an established reputation, offering flexible payment schemes and bank financing.
With 20% down over 20 years the monthly mortgage payment is about 528 €, against an expected local rent of 485 €. The rent covers 92% of it.
Pros and cons
AI summaryPros
- sea view
- energy efficiency
- good location
- flexible payment schemes
Cons
- under construction
- sixth floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 244 days.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2027.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- living room with kitchenette
- bedroom
- bathroom
- storage room
- corridor
- loggia
Amenities
- Elevator
- With Parking
- Renovated
Exposure
AI summarySSouth
Maximum sunlight throughout the day
Details
- Category
- Residential
- Rooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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