median 1,629 €/m² for comparable properties
Rent covers ~ 90% of the payment
~ 512 €/mo rent · you top up ~ 58 €/mo
~12,000 € BELOW MARKET
good value
against the median for 2-room apartments in Izgrev (145 properties)
Fair investment rating
The rent covers 109% 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 12,000 € below the typical price (the median) for 2-room apartments in Izgrev (145 properties) — 1,483 €/m² against 1,664 €/m².
The apartment is located in the Izgrev district, Varna, in a new-build from 2028. It features a living area of 20.5 sq m, a bedroom of 13 sq m, a bathroom and toilet, as well as a basement. The layout is functional and suitable for modern urban living. The building is of quality brick construction, equipped with an elevator and designed with a focus on energy efficiency. The location is in a quiet and well-developed area with convenient access to public transport, schools, and supermarkets. The property is suitable both for personal use and as an investment considering the area's prospects.
With 20% down over 20 years the monthly mortgage payment is about 434 €, against an expected local rent of 472 €. The rent covers the whole payment (109%).
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 1,629 €/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 ~ 103% of the payment
~ 796 €/mo rent · pays for itself in ~ 18 yrs
median 1,629 €/m² for comparable properties
Rent covers ~ 48% of the payment
~ 512 €/mo rent · you top up ~ 553 €/mo
median 1,664 €/m² for comparable properties
Rent covers ~ 75% of the payment
~ 472 €/mo rent · you top up ~ 156 €/mo
median 1,585 €/m² for comparable properties
Rent covers ~ 158% of the payment
~ 512 €/mo rent · pays for itself in ~ 12 yrs
median 2,461 €/m² for comparable properties
Rent covers ~ 94% of the payment
~ 496 €/mo rent · you top up ~ 32 €/mo
median 1,662 €/m² for comparable properties
Rent covers ~ 141% of the payment
~ 796 €/mo rent · pays for itself in ~ 13 yrs
median 1,664 €/m² for comparable properties
Rent covers ~ 133% of the payment
~ 472 €/mo rent · pays for itself in ~ 14 yrs