median 1,662 €/m² for comparable properties
Rent covers ~ 122% of the payment
~ 796 €/mo rent · pays for itself in ~ 15 yrs
~11,500 € BELOW MARKET
good value
against the median for 2-room apartments in Izgrev (145 properties)
Fair investment rating
The rent covers 112% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 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 about 11,500 € below the typical price (the median) for 2-room apartments in Izgrev (145 properties) — 1,482 €/m² against 1,662 €/m².
The apartment is located in the Izgrev district, Varna, in a new brick building from 2028 with a total area of 64 sq m. The layout includes a living area of 20 sq m, a bedroom of 12.3 sq m, a bathroom and toilet, as well as a basement attached to the property. The building has an elevator and is designed with a focus on comfort and energy efficiency. The area is quiet and well-developed with easy access to public transport, schools, and supermarkets. The property is suitable both for personal use and investment, thanks to its modern layout and location.
With 20% down over 20 years the monthly mortgage payment is about 421 €, against an expected local rent of 472 €. The rent covers the whole payment (112%).
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.
Has Act 16 been issued, and what guarantees cover the common parts?
Because: The building dates from 2028.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,662 €/m² for comparable properties
Rent covers ~ 122% of the payment
~ 796 €/mo rent · pays for itself in ~ 15 yrs
median 1,662 €/m² for comparable properties
Rent covers ~ 107% of the payment
~ 472 €/mo rent · pays for itself in ~ 17 yrs
median 1,585 €/m² for comparable properties
Rent covers ~ 158% of the payment
~ 512 €/mo rent · pays for itself in ~ 12 yrs
median 1,662 €/m² for comparable properties
Rent covers ~ 113% of the payment
~ 796 €/mo rent · pays for itself in ~ 17 yrs
median 1,662 €/m² for comparable properties
Rent covers ~ 109% of the payment
~ 472 €/mo rent · pays for itself in ~ 17 yrs
median 1,585 €/m² for comparable properties
Rent covers ~ 158% of the payment
~ 512 €/mo rent · pays for itself in ~ 12 yrs
median 1,629 €/m² for comparable properties
Rent covers ~ 90% of the payment
~ 512 €/mo rent · you top up ~ 58 €/mo
median 1,662 €/m² for comparable properties
Rent covers ~ 99% of the payment
~ 472 €/mo rent · you top up ~ 7 €/mo